HSBC Global Asset Management Hong Kong receives RQFII license

Will enable investments in mainland fixed income markets.

HSBC Global Asset Management in Hong Kong has been awarded a license under the Renminbi Qualified Foreign Institutional Investors (RQFII) scheme.

The license means HSBC AM will be able to invest in the Chinese fixed income (including money market) and A-share markets, both of which are denominated in renminbi.

Retail and institutional clients of HSBC AM will be able to invest in a range of new opportunities in mainland China.