Harvest among nine firms handed QFII permits
The granting of the licence points to CSRC relaxations this July that meant Harvest could apply. It aims to take domestic expertise in equities and fixed income to international clients.
Harvest Global Investments (HGI) was one of nine firms to be handed qualified foreign institutional investor (QFII) status by China’s securities regulator.
HGI is already a RQFII holder, but Choy Peng Wah, the firm’s chief executive, confirms to AsianInvestor that it sought a QFII once regulatory requirements were eased earlier this year, meaning it met the requirements.
This July the China Securities Regulatory Commission (CSRC) lowered the entry barrier for asset management co…
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