China Securities Regulatory Commission, the central bank and the State Administration of Foreign Exchanges jointly issued a guideline for RQFII trials which allow fund management companies and securities firms to use yuan funds raised in Hong Kong to invest in mainland securities. A 20 billion yuan quota was set for the trial program, according to the guideline issued on December 16.
CapitaLand Ascott Trust Q1 Gross Profit Up 15% on More Demand, Bigger
Portfolio
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CapitaLand Ascott Trust achieved a 15 percent increase in gross profit
during the first quarter of this year, compared with the same period in
2023, with...
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