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Investment

China forex regulator approves USD105.8 bln quotas for QFII by end-May

June 03, 2019


Abstract : China's forex regulator said that a total of 105.8 billion US dollars of quotas were approved for Qualified Foreign Institutional Investors (QFII) by the end of May.

BEIJING, June 3 (Xinhua) -- China's forex regulator said that a total of 105.8 billion US dollars of quotas were approved for Qualified Foreign Institutional Investors (QFII) by the end of May, 2019.

The State Administration of Foreign Exchange (SAFE) also approved 677.322 billion yuan (98.31 billion U.S. dollars) of quotas for Renminbi Qualified Foreign Institutional Investors (RQFII), and 103.983 billion U.S. dollars of quotas for Qualified Domestic Institutional Investors (QDII).

As of April 30, the value of funds issued by Chinese mainland in Hong Kong reached 368 million yuan, and that of funds issued by Hong Kong in the Chinese mainland accumulated to 10.528 billion yuan. (Edited by Li Wenxin, liwenxin@xinhua.org)


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Keyword: QFII SAFE

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