China outbound investment trend holds key: Guosen
The firm’s CEO, Daniel Li, is focusing on QDII in the belief that the outflow of money offers better opportunities than foreign investment accessing the onshore market.
While most Chinese asset managers are busy with RQFII funds, Guosen Securities Asset Management Hong Kong is preparing to launch its first QDII product next month as it sees outbound investment from mainland China as a more important trend in the long term.
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