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QFII, RQFII beneficial ownership clarified

China's securities regulator has confirmed that fund firms' clients legally own securities held in QFII and RQFII accounts, as it pushes for inclusion of A-shares in MSCI's emerging-market indices.
QFII, RQFII beneficial ownership clarified

China’s securities regulator has officially recognised that securities held by QFII and RQFII separate accounts belong to the clients of the fund managers running those accounts or mandates.

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