China admits foreign entrants to RQFII scheme
The CSRC expands the scope and scale of its RQFII programme to include Hong Kong-domiciled financial firms, with HSBC and Standard Chartered reportedly expressing interest.
China’s securities regulator has expanded the scope and scale of its RQFII programme to include Hong Kong-domiciled financial firms in a move welcomed as a fantastic opportunity for foreign asset managers and the HK market.
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