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HFT gets RQFII license, waiting for SFC approval to launch RMB mutual fund in Hong Kong

HFT Investment Management has been granted a RQFII (RMB Qualified Foreign Institutional Investors) licence by the CSRC on December 21. HFT Hong Kong is now awaiting approval of its first RMB mutual fund by the Hong Kong Securities and Futures Commission (SFC). HFT Hong Kong will be the investment manager of this Hong Kong domiciled RMB public fund. The RMB…

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