HK-domiciled funds surge as MRF boosts city's appeal
Funds domiciled in Hong Kong have surged in numbers over the past year, according to the city's securities regulator. The rise has been attributed to the lure of the Hong Kong-China mutual recognition scheme.
Funds domiciled in Hong Kong have grown by nearly a quarter over the past year as the lure of mutual recognition gives the city’s funds an added advantage over rival financial centres.
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