Chinese hedge funds pour into Hong Kong

Chinese asset managers are lining up to put operations in Hong Kong in order to attract international clients; the city’s markets regulator is said to be flat out processing licence applications from mainland firms.  But a number of smaller players are opting instead to join incubator-type platforms to develop a track record, as obtaining a licence from the Securities and Futures Commission is less feasible for managers with less than $50 million in AUM. One such platform is Hon…