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Hua An QDII lawsuit against Lehman drags on

As the Chinese regulator continues to clamp down on the sale of structured products, Hua An's case against the bankrupt Lehman entity drags on.

When Hua An's QDII fund ceased redemption activity on September 18 last year, it promised Chinese investors that it would fully indemnify their losses. Though, nearly a year after Lehman Brothers' bankruptcy, the jury is still out as to how much Hua An will ever recover from the bankrupt Lehman entity for its currently frozen QDII.

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