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SFC urges investors to better understand RQFII Funds

The Securities and Futures Commission (SFC) wants investors to understand the key features and risks specific to a new class of investment products, i.e. the Renminbi Qualified Foreign Institutional Investor (RQFII) funds, which directly invest in renminbi in the Mainland bond and equity markets. An RQFII fund comprises at least 80% renminbi debt instruments issued in mainland China and an…

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