Blockbuster RQFII expansion tipped for Hong Kong
The city has hit its RQFII quota capacity limit. The regulator is expected to expand this after the launch of Stock Connect, although concerns remain over the utilisation rate.
Authorities are being tipped to introduce a blockbuster expansion of the RQFII scheme in Hong Kong after hitting the quota cap, although concerns remain that only half the quota has been allocated so far.
However Ivan Shi, a senior manager at Shanghai-based consultancy Z-Ben Advisors, noted that any quota expansion was only likely to be brought in after the launch of the Shanghai-Hong Kong Stock Connect programme, which is expected this month.
China’s State Administration of For…
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