ETF Connect advance ‘a welcome step’ for China instos
The long-anticipated ETF Connect, which sets to boost demand for exchange-traded funds in Hong Kong, looks likely to launch this year after being delayed from 2017.
The long-delayed Exchange-Traded Fund (ETF) Connect between mainland and Hong Kong could finally launch by the end 2018, after the Chinese and Hong Kong financial regulators introduce a regime in the third quarter that lets the former identify investors participating in the cross-border Connect programmes, say market experts.
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