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Market euphoria spurs quota increase

Hong Kong regulators have announced the expansion of RQFII quotas after a week of furious buying in which both the Hong Kong and Shanghai markets touched highs not seen for a decade. The chief executive of Hong Kong Exchanges and Clearing (HKEx), Charles Li, announced on Friday (10 April) that the current quotas of RMB10.5 billion (US$ 1.7 billion) would…

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