China opens QFII with eye on long term

Jul 30, 2012

The CSRC slashes minimum AUM requirements for asset managers and institutional investors to qualify as QFIIs, while granting $1.2 billion in fresh quotas.

China has pushed forward QFII deregulation to make it easier for long-term players to trade its capital markets and released $1.2 billion in fresh quota to qualified foreign institutional investors.

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