VIDEO: Timothy Tse on mutual recognition

Securities regulators in Beijing and Hong Kong introduced the mutual recognition of funds (MRF) scheme on May 22 last year, when the mainland stock market was still booming. The scheme, which allows fund management companies in both markets to distribute their products across the border, went live on July 1. To date, 25 MRF funds have been approved for sale in Hong Kong, and six for sale on the mainland. AsianInvestor and Thomson Reuters gathered some of the programme’s pioneers…