PRC Custodian means HSBC Bank (China) Company Limited appointed as PRC custodian of the Sub-Funds pursuant to the PRC Participation Agreement and the PRC Custody Agreement.

PRC Custodian means China Construction Bank Corporation or such other person appointed as PRC custodian of a Sub-Fund (if any).

PRC Custodian means HSBC Bank (China) Company Limited or such other person appointed as PRC custodian of the Bosera STAR 50 ETF.

Examples of PRC Custodian in a sentence

Such cash will be co-mingled with cash belonging to other clients of the PRC Custodian.
The PRC Custodian shall, in turn, have a cash clearing account with CSDCC for trade settlement according to applicable regulations.
The RQFII selects a PRC broker (the “PRC Broker”) to act on its behalf in each of the two onshore PRC Securities markets as well as the PRC Custodian to maintain its assets in custody in accordance with the terms of the PRC Custodian Agreement.
In summary the Trustee’s fees equal the following percentages per year of the Net Asset Value: First RMB200 million 0.14%Portion on top of RMB 200 million 0.12% Monthly minimum RMB30,000The Trustee will bear the fees of the Custodian and the PRC Custodian.
According to the PRC Custodian Agreement, the Custodian is entitled to utilise its local subsidiaries or its associates within the HSBC group of companies, which as of the date of the PRC Custodian Agreement is the PRC Custodian (i.e. HSBC Bank (China) Company Limited), as its delegate for the performance of services under the PRC Custodian Agreement.

More Definitions of PRC Custodian

PRC Custodian means HSBC Bank (China) Company Limited or such other person appointed as PRC custodian of a Sub-Fund (if any).

PRC Custodian means HSBC Bank (China) Company Limited or such other person appointed as PRC custodian of the Bosera A50 ETF.

PRC Custodian means Citibank (China) Co., Limited or such other person appointed as PRC custodian of the Sub-Fund.

PRC Custodian means Industrial and Commercial Bank of China Limited or such other person (or persons) who for the time being is duly appointed to be the PRC custodian for Investment Funds which invest directly in A-Shares.

PRC Custodian means, in the context of the Phillip-China Universal MSCI China A 50 Connect ETF, BNP Paribas (China) Limited.

PRC Custodian means China Construction Bank Corporation or such other person appointed as PRC custodian of the Sub-Fund.

PRC Custodian means, in the context of the CSOP CSI STAR and CHINEXT 50 Index ETF, HSBC Bank (China) Company Limited.