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China Approved CNY 6.3 Billion Investment Quota for RMB Qualified Foreign Institution

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Add date: 2016-11-26 Hits:29

Core prompt: The State Administration of Foreign Exchange of China approved CNY 6.3 billion investment quota for RMB Qualified Foreign Institutional Investo

The State Administration of Foreign Exchange of China approved CNY 6.3 billion investment quota for RMB Qualified Foreign Institutional Investors (RQFIIs) in April.

The investment quota for Qualified Foreign Institutional Investors (QFIIs) only grew USD 137 million, a new low in the recent period.

By the end of April, total approved RQFII investment quota had been CNY 76.3 billion; total approved QFII investment quota had been USD 41.882 billion; total investment quota approved for Qualified Domestic Institutional Investors (QDIIs) had been USD 85.027 billion.

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