RMB fund liberalisation to benefit HK more than China

25 Jan 2013

The SFC’s aim of allowing Hong Kong registered RMB funds to be sold directly into China and vice versa will boost the city’s fund industry as houses compete for a share of Mainland capital.

Hong Kong will further its aim of becoming an international asset management centre and the leading offshore RMB centre when Securities and Futures Commission (SFC)-registered funds become eligible to be sold directly to Mainland investors in a move that will have less of a positive impact on Chinese ...

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