China-Hong Kong Mutual Fund Sales Seen Starting After Rout Eases

  • ICBC Credit Suisse JV sees sales beginning by the end of 2015
  • Plan gives international investors new access to China

China and Hong Kong will likely approve cross-border sales of mutual funds by the end of 2015, according to a joint venture between Industrial and Commercial Bank of China Ltd. and Credit Suisse Group AG, after stock-market turmoil caused months of delays.

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