• set to establish Swiss Re ’s custodian bank in China as part of plan to allow foreign investors to use offshore yuan when buying stocks and bonds in China . This • HSBC the first custodian bank in China to service a RQFII in China .
HSBC set to become Swiss Re’s custodian bank in China as part of plan to allow foreign investors to use offshore yuan when buying stocks and bonds in China. This makes HSBC the first custodian bank in China to service a RQFII in Switzerland.