Mutual recognition: two factors to get right

There are two factors that authorities need to get right if the pending HK-China mutual recognition scheme is to become an industry game-changer, a forum heard. From an international fund managers’ perspective, the first is to ensure that initial products made available to Chinese investors are of suitable quality and meet their expectations. Otherwise there’s a risk of the project failing before it gets off the ground. The second is to provide clarity around how long Hong Kong’…