This initiative is already a bigger part of the global economy after three years of rapid growth says Joseph Molloy, head of index and systematic equity portfolio management, HSBC Global Asset Management.
He explains the next phase will see the number of Chinese securities increase from 800 to 1,200, with a corresponding jump in market allocation by investors.
Molloy spelt out his thoughts on this development and China’s expanding capacity for innovation at International Adviser’s Fund Links Forum in central London’s JW Marriott Grosvenor House Hotel.