Hong Kong: The Investment Fund Industry's Gateway to China

Mondaq Business Briefing › Hong Kong Law Articles in English (2007)

Author: Mr Timothy Loh

Author position: Timothy Loh

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Hong Kong: The Investment Fund Industry's Gateway to China

For investment managers around the world, the race to capture market share in the People's Republic of China ("PRC") has begun. For anyone doubting the potential of this emerging market for wealth management:

in September and October, 2007, 4 investment funds launched under the Qualified Domestic Institutional Investor ("QDII") scheme raised a combined total of RMB 120 billion (approximately US$16 billion);

all 4 issues were heavily oversubscribed, often within th...

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