China raises QFII quota, expands RQFII scheme
Xinhua | Updated: 2013-07-12 17:11
BEIJING - China Securities Regulatory Commission announced Friday that the investment quota of Qualified Foreign Institutional Investors has been raised to $150 billion.
The People's Bank of China, the State Administration of Foreign Exchange and CSRC all agreed that the trial of renminbi Qualified Foreign Institutional Investors (RQFII) will expand to Singapore, London and other places after Hong Kong.
Related Stories
- QFIIs hope for expansion of program
- Commission approves five QFII in May
- March sees record number of QFIIs
- Regulators approve QFII quota for three firms
- QFII A share funds performance
- Higher QFII quota suggested
- QFIIs OK'd to open accounts in index futures market
- QFII market has great potential: UBS
Most Viewed in 24 Hours
