Regulatory freedoms granted to segregated-account subsidiaries of Chinese fund firms have seen the segment swell, but the risk of investor losses is going unnoticed, say sources.
The change of leadership at China's securities regulator will not slow the progress of the cross-border fund mutual-recognition scheme, says Hong Kong's Securities and Futures Commission.
China's top securities regulator, Guo Shuqing, is reportedly set to become the governor of Shandong, leaving asset managers uncertain about future market reforms.