CSRC extends RQFII to HK banks and insurers

China's top regulator is allowing Hong Kong and foreign financial institutions to tap into the country's capital markets, but it is unclear what threshold the foreign institutions will have to meet to be classified as having a principal place of business in Hong Kong

4 minute readMarch 15, 2013 at 04:20 AM

clpstaff

The China Securities Regulatory Commission (CSRC) released details of the Renminbi Qualified Foreign Institutional Investor (RQFII) scheme in December 2011. At the time, the scheme allowed Hong Kong subsidiaries of

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