DeAWM will follow the product with seven RQFII sector ETFs, though market conditions will determine their launch dates in New York, says Marco Montanari.
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The granting of the licence points to CSRC relaxations this July that meant Harvest could apply. It aims to take domestic expertise in equities and fixed income to international clients.
After receiving its RQFII quota, Harvest Global Investments plans to launch its MSCI China A ETF in mid-October, saying it will offer the broadest access yet to the A-share market.
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