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Rules pending for new wave of China fund launches

Elva Muk
Regulatory detail is expected soon on how sunshine-fund firms can sell traditional mutual funds. StarRock is among those already planning a new division to tap the retail market.
Rules pending for new wave of China fund launches

China’s securities regulator CSRC is being tipped to release details in months on how firms managing sunshine funds – the prototype of hedge funds in China – will be able to roll out mutual funds onshore.

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