The reason why Hong Kong mutual recognition bond funds are snapped up by investors:
Posted: Mon Feb 17, 2025 6:46 am
On January , two mutually recognized funds, E Fund Hong Kong Select Bonds and Hua Xia Select Fixed Income Allocation, were also sold out in one day and allocated proportionally.
Hong Kong Mutual Recognition Funds, whose full name is "Hong Kong and Mainland Fund Mutual Recognition", refers to mainland funds and Hong Kong funds that meet certain conditions and are allowed to be sold to public investors in each other's markets after approval by the Hong Kong Securities and Futures Commission and the China Securities Regulatory Commission.
In December last year, the "Hong Kong Mutual Recognition Fund Management uae phone number list Regulations" were revised to increase the sales volume of Hong Kong mutual recognition funds in the Mainland as a proportion of total fund assets from % to %, which means that the sales quota of Hong Kong mutual recognition funds in the Mainland will increase.
On the one hand, in the domestic lowinterest environment, global asset allocation is one of the important channels for residents' wealth management. In addition, mutual recognition funds are not subject to QDII quota restrictions and are only affected by the sales ratio. At the same time, Hong Kong's mutual recognition fund shares are rich in settings, with RMB, US dollars, Hong Kong dollars, regular dividends or cumulative shares, as well as exchange rate hedging or nonhedging and other options to choose from, which can meet the diversified needs of investors.
Hong Kong Mutual Recognition Funds, whose full name is "Hong Kong and Mainland Fund Mutual Recognition", refers to mainland funds and Hong Kong funds that meet certain conditions and are allowed to be sold to public investors in each other's markets after approval by the Hong Kong Securities and Futures Commission and the China Securities Regulatory Commission.
In December last year, the "Hong Kong Mutual Recognition Fund Management uae phone number list Regulations" were revised to increase the sales volume of Hong Kong mutual recognition funds in the Mainland as a proportion of total fund assets from % to %, which means that the sales quota of Hong Kong mutual recognition funds in the Mainland will increase.
On the one hand, in the domestic lowinterest environment, global asset allocation is one of the important channels for residents' wealth management. In addition, mutual recognition funds are not subject to QDII quota restrictions and are only affected by the sales ratio. At the same time, Hong Kong's mutual recognition fund shares are rich in settings, with RMB, US dollars, Hong Kong dollars, regular dividends or cumulative shares, as well as exchange rate hedging or nonhedging and other options to choose from, which can meet the diversified needs of investors.