Sidelined Taiwanese fascinated by CNH possibilities

Taiwan’s financial institutions are watching developments keenly in Hong Kong with regard to the offshore renminbi market for investment products, as well as the potential for ‘mini-QFII’ access to onshore assets. But for now they seem stuck on the sidelines. Three Taiwanese fund managers have won QFII licences from the China Securities Regulatory Commission (Capital Investment Management, Fubon Financial and Polaris Securities Investment). So far none has yet received a currency quot…