Jostling begins among fund firms after RQFII launch
Chinese regulators announce the pilot scheme's launch earlier than predicted, as the Hong Kong subsidiaries of mainland fund houses now look to leverage their parent’s onshore expertise to address lack of track record.
Chinese regulators have announced the launch of the RQFII scheme earlier than expected. The scheme will enable Hong Kong subsidiaries of mainland fund management firms to invest back into the onshore securities market.
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