Shang Fulin, chairman of the China Securities Regulatory Commission, emphasises the need for structural transformation in ChinaÆs fund industry.
Regardless of the growth of SWIFT''s ISO 15022 messaging, STP gains in asset servicing are minimal.
Peter Alexander, principal of independent consultants Z-Ben Advisors, believes change will bring long-term good to the industry.
Brokers, custodians and fund managers say a lack of industry-wide incentives is slowing the march towards automation.
Chinese venture capital trends are recovering, but it is foreigners who are driving the process says Gavin Ni founder of Zero2ipo.
The SFC will announce new proposals to improve Reits and hedge funds this year to shore up strong industry growth.