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.
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.