Sandra Lu, partner of law firm Llinks, expects the first batch of wholly foreign-owned entities to register for private fund businesses in the next month or two.
International fund houses have received further clarity on investments into China's interbank bond market, say sources, but central banks remain the biggest drivers of fast-rising inflows.
Julia Leung of Hong Kong's securities regulator hopes funds will be approved under the mutual recognition scheme this year, as asset managers and distributors work on their plans.
Regulator sets out beneficial ownership situation for Stock Connect's foreign investors, months after the trading link went live. The move could pave the way for the launch of Shenzhen Connect.
The ambitious mainland law firm is to open a Hong Kong office this month as a base to offer its services more broadly, in a drive to capitalise on financial liberalisations in China.
The CSRC is said to be drafting new legislation to prepare for a harmonisation of QFII and RQFII rules. And Luxembourg is to be awarded Rmb80 billion in RQFII quota, according to the country's ambassador.