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Chinese asset managers delight in mini-QFII endorsement

Leanne Wang
Vice-premier Li Keqiang says Chinese firms in Hong Kong will share a Rmb20 billion quota, sparking a share rally. Chinese firms will also be allowed to buy into an ETF linked to Hong Kong stocks.
Chinese asset managers delight in mini-QFII endorsement

Chinese vice-premier Li Keqiang endorsed the long-awaited mini-QFII scheme during his visit to Hong Kong yesterday in the clearest sign yet it is set for imminent approval.

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