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Alwyn Li, investment funds partner, recently contributed an article to Global Assets magazine, focusing on increased access to the China markets.
The article covered the Shenzhen-Hong Kong Stock Connect which is generallywelcomed as a further step towards enhancing Hong Kong’s role as an offshore Renminbi centre.
Alwyn also discussed a breakthrough for foreign fund managers as the Asset Management Association of China released the Tenth FAQs which allow a foreign manager to carry out securities private fund management business in the PRC by setting up an onshore WFOE, rather than having to rely on the traditional path of being a minority shareholder in a joint venture with Chinese partners.
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