The country previously made improvements to the scheme to attract more foreign investors.
Tag: China
Indonesian bonds in Manulife AM’s sights
The firm also likes onshore China bonds, despite the potential for an escalation of the trade war with the US.
Affin Hwang launches UBS fund in Malaysia
Greater China funds had the second highest net inflows in Malaysia, according to Morningstar data.
HK investors lack interest in cross-border schemes
Most Hong Kong investors have not participated in the various cross-border schemes that connect the SAR to the mainland, according to a survey conducted by the Hong Kong Investment Funds Association (HKIFA).
China’s tax regime changes to impact HNW
China’s super wealthy are looking into overseas trusts to transfer their assets and investments as the government rolls out a new tax plan.
MRF sales positive for China funds
Net sales of China-domiciled funds sold in Hong Kong via the Mutual Recognition of Funds (MRF) scheme turned positive in November, according to China’s State Administration of Foreign Exchange (SAFE).
WFOEs face more hurdles besides distribution
With more global fund houses setting up wholly foreign owned enterprises (WFOEs) in China, finding enough of the right staff is likely to be difficult and expensive.
Sumitomo Mitsui joins RQFII scheme
The firm has become the first Japan-based entity to join China’s inbound programme.
SSGA granted WFOE licence
Separately, Vanguard and Bridgewater Associates increased the invested capital of their wholly foreign owned enterprises (WFOEs) in China, according to Z-Ben Advisors.
Will China’s new WMP units compete with PFMs?
The new wealth management subsidiaries that banks in China are now allowed to set up could rival fund managers to some extent, according to Cerulli Associates.
