GIC wins further $500m QFII quota

Mar 31, 2014

China continues to award quota under the qualified foreign institutional investor scheme, with Singapore state fund GIC reaching $1.5 billion and the Monetary Authority of Macao getting its first $500 million.

Singapore's GIC has become the fifth asset owner to hit $1.5 billion in quota under China's qualified foreign institutional investor (QFII) scheme after receiving another $500 million on Friday.

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