Thursday, August 21, 2014   

(2013-2014 Budget) RQFII program to be speeded up
(02-27 11:40)

Discussions are underway with the mainland to speed up the next stage of expansion of the RMB Qualified Foreign Institutional Investors program, Financial Secretary John Tsang said today. This will include extending the pilot scheme to qualified Hong Kong financial institutions. “These measures will promote the circulation of renminbi funds and diversify the development of RMB investment products.’’
   
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More breaking news >>

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