Fund managers gear up for July 1 launch of China-Hong Kong Rmb600bn mutual fund recognition

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Fund managers gear up for July 1 launch of China-Hong Kong Rmb600bn mutual fund recognition

Hong Kong

A ground-breaking and long-awaited mutual fund recognition scheme between China and Hong Kong is set to launch on July 1, with an overall quota of Rmb600bn ($48.4bn) split equally between the two channels.

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