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Hong Kong-France mutual recognition deal welcomed

But it may be some time before China inks its own cross-border funds agreement with another country.
Hong Kong-France mutual recognition deal welcomed

Market participants have hailed a new memorandum of understanding (MoU) between France and Hong Kong on mutual recognition of funds as cementing closer ties between Europe and the Chinese territory. But the big prize – an MRF agreement with China – is seen to be some way off.

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