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.
Tag : china securities regulatory commission
Market participants say that RQFII recipients in Hong Kong will still have advantages over London and Singapore - for now.
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.
Investors and analysts doubt the latest reduction in transaction charges will have a positive market impact in the face of a slowing economy and the eurozone crisis.
The CSRC slashes minimum AUM requirements for asset managers and institutional investors to qualify as QFIIs, while granting $1.2 billion in fresh quotas.