HSBC China has today launched its Qualified Domestic Limited Partnership (QDLP) scheme in collaboration with China International Fund Management Co (CIFM), becoming the first international bank in mainland China to distribute QDLP-invested asset management plans to HNW clients. The QDLP programme, piloted in 2013 by China’s State Administration of Foreign Exchange, allows foreign asset managers to raise RMB from qualified institutional…
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