Funds struggle with regulation in China’s GBA

Author: Karry Lai | Published: 5 Nov 2019

Much more work needs to be done to ease market access and reduce the regulatory burden for foreign investment funds interested in expanding into China, especially the Greater Bay Area (GBA), according to panellists at the Hong Kong Investment Funds Association’s 13th annual conference.

The GBA is an economic and social plan comprising the two special administrative regions of Hong Kong SAR and Macau SAR, as well as nine cities in China, to form an integrated economic hub.

While the plan is ambitious, the financial sector wants to see more concrete plans to help increase connectivity between Hong Kong SAR, Macau SAR and China.

"The challenge is dealing with the regulation, finding the right products for GBA customers, and figuring out how best to distribute these products," said Winson Fong, managing director, Greater China equities at Manulife Investment Management.

MRF scheme challenges

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