CSRC hints it may break $1 billion QFII cap
The regulator reveals for the first time it is considering raising the QFII quota ceiling as it weighs up Qatar Holding's $5 billion application, media report.
A subsidiary of sovereign wealth fund QIA is tipped to be the first to receive more than $1 billion in QFII quota after the regulator acknowledged it was considering raising the cap.
Speaking at a media briefing this week, an unnamed officer from China Securities Regulatory Commission (CSRC) admitted for the first time that it could increase the cap to cater to long-term offshore investors.
The decision, which would be made in conjunction with the State Administration of Foreign…
Please sign in or register
for free access to 1 article per month from AsianInvestor’s content and archives of over 16,000 articles.
¬ Haymarket Media Limited. All rights reserved.