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Ireland okays UCITS for Hong Kong-Shanghai Stock Connect

One month after the launch of the Mutual Recognition of Funds (MRF) scheme between Hong Kong and mainland China, Ireland has given its UCITS access to Shanghai-listed securities through the Hong Kong-Shanghai Stock Connect channel. UCITS refer to the Undertakings for Collective Investment in Transferable Securities, a European regulatory scheme that allows an investment vehicle to operate freely across the EU….

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