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HK fund firms urged to use foreign RQFII quota

The deputy CEO of Hong Kong’s securities regulator said asset managers in the city should make use of offshore quota, as the city awaits an increase in its RQFII limit.

Asset managers in Hong Kong should partner with overseas firms with renminbi qualified foreign institutional investor (RQFII) quota, said Alexa Lam, deputy head of the city’s securities regulator, at a forum yesterday.

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