Internationalisation of the renminbi is one of the key themes for China's, and broader Asia's, asset management industry.
Tag : renminbi
The proposed scheme will fail to live up to the hype initially because the size of the opportunity needs to be put into perspective, says Shiv Taneja of Cerulli.
Speculation about the imminent arrival of the cross-border funds scheme between Hong Kong and the mainland appears off the mark.
Singapore Exchange says its renminbi equity trading facility will offset market risks that might arise from Hong Kong Exchange's platform.
RQFII fund managers can now offer a more diverse range of products, including segregated accounts, as Chinese authorities ramp up quota handouts.
They see it as a natural progression, although timing remains uncertain, after China's central bank moves to curb speculation by proposing the next step to full convertibility.
The CSRC is proposing a raft of liberalisations to broaden its QDII programme, potentially presenting new sub-advisory opportunities for foreign fund houses.
The Taiwan Stock Exchange is preparing to introduce renminbi-denominated ETFs and stocks, indicating that Beijing will grant an RQFII quota to the island soon.
China Southern’s HK arm is understood to be lining up clients in Europe and Asia for two equity-focused QFII funds after becoming one of six firms to be awarded a new QFII licence.
Perhaps before Chinese New Year, the securities regulator is to announce it will allocate quotas in accordance with a product's profile. Any unused quota will have to be returned.
Alexa Lam’s speech on a mutual-recognition funds platform between HK and China was high on rhetoric but short on detail. Here we raise key issues that need to be addressed.
Chief executive Au King-lun wants to build institutional clientele as a precursor to deals in the Middle East or Europe.