The China Securities Regulatory Commission issued a document on Friday (June 14), which plans to relax the sales ratio of mutual recognition funds from 50%to 80%, and allow the Hong Kong mutual recognition fund investment management function to be transferred and managersTong Group's overseas asset management agencies will further implement the mutual recognition arrangements of the optimization fund.

According to the Securities Times report, the China Securities Regulatory Commission issued the Hong Kong Mutual Fund Management Regulations (the draft for the draft solicitation) (hereinafter referred to as management regulations), and moderate the restrictions on the sales ratio of the mutual recognition fund.In accordance with the principles of steady, orderly and gradually liberalization, the limitation of the sales ratio of mutual recognition of the value of mutual fund passenger to the ground is relaxed from 50%to 80%.Properly relax the transfer of authorization of the investment management functions of the mutual recognition fund, and allow the mutual recognition fund investment management function to be transferred to award the group's overseas affiliated institutions.A memorandum of understanding and maintaining effective supervision and cooperation relationships.

The China Securities Regulatory Commission released five capital market cooperation measures on April 19 this year to help Hong Kong consolidate and enhance the status of the international financial center.Among them, the optimization fund mutual recognition arrangements are included, and the management regulations are one of the five capital markets' implementation measures for Hong Kong cooperation measures. It is intended to further optimize the mutual recognition arrangements to better meet the diversified investment needs of investors in the two places.

Reported that cross -border fund mutual recognition is a mature institutional arrangement under the opening of the market in the international asset management field.As early as July 1, 2015, the China Securities Regulatory Commission and the Hong Kong Securities Regulatory Commission launched mutual recognition of the fund, allowing mainland and Hong Kong funds to be recognized in accordance with legal procedures may be sold to the public investors in accordance with legal procedures.In the past nine years, the related work has been promoted steadily. Industry institutions of the two places have actively participated. Mutual recognition of fund products has become increasingly rich, and it has better meet the cross -border financial management needs of investors in the two places.Essence

据统计,截至2024年3月末,中国证监会已注册的北上互认基金数量共39只,涉及20家香港持牌资产管理机构,38只已在大陆公开销售,合计The sales reserved net value of about 25.1 billion yuan (about S $ 4.68 million); a total of 44 south -recognition funds approved by the Hong Kong Securities Regulatory Commission, involving 23 mainland fund managers, and 25 have been sold publicly in Hong Kong.There is a net worth of about 750 million yuan.From the perspective of product types, the product types of Mutual recognition funds in the north are currently included in stock, bond type, mixed type, and index type. The product investment direction covers Hong Kong, Asia -Pacific, and even the world.Stocks are mainly invested.