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China grants RQFII permit to Singapore’s GIC

Securities regulator CSRC has handed GIC Private Limited a licence to invest in onshore mainland assets. It was among a raft of approvals, including five Korean asset managers.
China grants RQFII permit to Singapore’s GIC

China’s securities regulator has handed out a renminbi qualified foreign institutional investor (RQFII) licence to GIC Private Limited.

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