BlackRock, the world's largest asset-management company, will expand its team in Hong Kong and introduce more locally domiciled funds to take advantage of a soon-to-be-signed mutual recognition agreement between Hong Kong and the mainland that will allow the cross-selling of fund products.
via Business feed http://www.scmp.com/business/money/markets-investing/article/1381483/blackrock-gears-mainland-china-sales
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