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flag Macau opens its first local mutual fund to mainland Chinese investors, boosting financial links.

flag Macau's first locally-based mutual fund, the A&P Macau Patacas Money Market Fund, is opening up to mainland Chinese investors through the Wealth Management Connect scheme. flag The fund, denominated in Macau patacas, has attracted 218 million patacas (US$27 million) since its July launch. flag This move enhances financial ties and investment opportunities between Macau and mainland China, aiming to grow Macau's financial services sector beyond its casino industry.

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