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Regulators riled by banks renting out QFII quotas

Hedge funds are still stuck in the QFII queue in China; although quotas are being raised, their chances of being favoured are slim. Meanwhile, regulators are fuming that banks holding QFII status are profiting from leasing out their quotas.

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The Chinese yuan is:



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Overvalued versus the dollar
  19%
 
Undervalued versus the dollar
  49%
 
At fair value versus the dollar
  32%
TOTAL VOTES: 59
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May 2012 Magazine
AsianInvestor Magazine

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Consumer-bank distributors speak
Hedge funds: the next generation