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Hang Seng and Daiwa's go-ahead

13 April 2012

HONG Kong's Hang Seng Bank and Daiwa Securities SMBC Hong Kong have been granted initial regulatory approval to invest in China's main stock and debt markets under a landmark scheme to admit foreign investors.

The approval brings to 15 the number of overseas institutions allowed to trade on China's $600bn (£338bn) stock markets.

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China
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