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China opens doors to 600b yuan of fund sales via HK

From July 1 foreign asset managers can tap China household savings

Hong Kong

CHINA and Hong Kong will start cross-border sales of funds on July 1, widening access to financial markets and capital in the world's second-largest economy.

The initial quota will be a total 600 billion yuan (S$130 billion), split evenly in each direction, regulators in

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