QFII, RQFII beneficial ownership clarified
China's securities regulator has confirmed that fund firms' clients legally own securities held in QFII and RQFII accounts, as it pushes for inclusion of A-shares in MSCI's emerging-market indices.
China’s securities regulator has officially recognised that securities held by QFII and RQFII separate accounts belong to the clients of the fund managers running those accounts or mandates.
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