ETFs based on China benchmarks take advantage of new liquidity rules

Chinese currency becoming increasingly easy to invest in

The renminbi is becoming an increasingly attractive investment opportunity, with exchange-traded funds (ETFs) on offer in Europe delivering the kind of daily liquidity that means they at least resemble open-ended funds. Interest can mainly be traced back to the success of an application by ETF provider Source and its Hong Kong-based asset management partner CSOP under the Renminbi Qualified Foreign Institutional Investor (RQFII) scheme. The quota stipulated by the scheme was 80–90% fill