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HSBC: CN Capital's Demand for Diversified Investment Huge, in Hope of Further 'Stock Connect' Scope Expansion
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Speaking at the China International Finance Forum • Hong Kong Summit, David Liao, Co-Chief Executive of Asia Pacific at HSBC, said that there is a huge demand for diversified investments from mainland Chinese funds, and it is hoped that the scope of the 'Stock Connect' can be expanded in the future to drive more RMB inflows into Hong Kong's assets. HSBC has added 300,000 new mainland Chinese customers this year, mainly due to all the “Stock Connect” mechanisms established 10 years ago, Liao added. AAStocks Financial News |
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