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.
Out Like a Lamb
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FEEDThe week ahead will wrap up the meat of the earnings season, with
Amazon (Tuesday) and Apple (Thursday) being the highlights.
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