China's Securities Watchdog Aims to Strengthen Funds Recognition Scheme with Hong Kong
Friday, 14 June 2024, 14:33
![South China Morning Post](https://store.livarava.com/1ead6b51-2a5d-11ef-ab7b-0d95d4a28fb2.jpg)
China's Markets Watchdog Proposal
Mainland China's top securities watchdog has proposed amending a funds recognition scheme with Hong Kong to enhance cross-border trading and capital flow.
Enhancing Market Efficiency
The amendments aim to streamline processes to increase efficiency and market accessibility.
Financial Integration Emphasis
The initiative highlights the significance of closer financial integration between Mainland China and Hong Kong.
- Increased Opportunities: Fostering greater opportunities for investors and market participants.
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