Financial Markets
Real Estate
Local listed Company
Overseas-listed Company
Foreign Company
Industrial Parks

Financial Market
 Search News  Or
China expands QFII by US$50 bln

Apr. 5, 2012 (China Knowledge) - The China Securities Regulatory Commission, or CSRC, the country's stock market watchdog, has increased the quota for Qualified Foreign Institutional Investors, or QFII, to US$80 billion from US$30 billion.

The quota of Renminbi Qualified Foreign Institutional Investors, or RQFII, has expanded by RMB 50 billion to RMB 70 billion.

CSRC had granted a total of US$24.6 billion in quotas to 129 overseas companies as of Mar. 31, 2012, and 75% of the assets were invested in Chinese stocks.

Last month, the Chinese regulator granted a record US$2.1 billion of quotas to 15 companies, more than US$1.9 billion CSRC granted in the whole year of 2011.

The QFII program, launched in 2003, is the only method through which foreign investors can trade China's domestically listed RMB-denominated A shares

After obtaining approval from the CSRC, a QFII must wait for the State Administration of Foreign Exchange to approve an investment quota before the foreign investor can start making securities investments in China.

Add this     
Copyright © "2015"

Send feedback or comments to:

For more news, financial weekly reports, business guides to China, Market Research Reports and other premium information, subscribe to China Knowledge today

To access our page on Bloomberg, type CKFI (GO)

 Our Professional Services


 News Archive
About Us | CSR | Media Center | E-Newsletter | E-Store | Contact Us | Feedback | Sitemap | Privacy Policy | Terms of Use  

           Copyright © 2014 China Knowledge Online. All Rights Reserved