While initiatives like Mutual Recognition of Funds will help help Hong Kong become an international fund hub, the industry should not expect rapid results.
Tag: Hong Kong
A majority of surveyed asset managers believe that Hong Kong will emerge as a leading cross-border fund destination.
Monday was the first day of operations for the Shenzhen-Hong Kong Stock Connect trading link but activity was subdued in comparison to the launch of its Shanghai equivalent.
The Shenzhen-Hong Kong Stock Connect trading link received approval from the Chinese government in August and will now launch on 5 December following regulatory approval.
FinTechs have moved away from being pure technology and information platforms to being financial services providers.
Hong Kong’s SFC grants LCH CCP status and allows it to provide automated trading services in the region.