Stock Connect tipped to squeeze prime brokers
As China opens its capital account, the country's foreign investor quota system is being seen as declining in importance. In a two-part series, AsianInvestor examines how prime brokers are responding.
Prime brokers offering hedge fund clients A-share execution via qualified foreign institutional investor (QFII) quota are bracing for lower commissions once the Shanghai-Hong Kong Stock Connect launches, as is expected in October.
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