you're reading...
China Daily Mail

China News

China will relax controls on qualified foreign institutional investors (QFIIs) soon, following a decision to nearly triple the amount they can spend.

Regulators plan to scrap the requirement that a QFII invest at least half of its funds in stocks, said two people briefed by government officials about the matter.

They said waiving the rule would allow the foreign institutions to earmark more funds for investments in futures and other derivatives.

QFIIs, subject to the approval of the authorities, can exchange a certain amount of foreign currency into yuan to invest in Chinese equities and bonds.

Currently, they must invest half of their funds in A shares while holding no more than 20 per cent in cash.

The requirement resulted from officials’ worries that the funds, betting on an appreciation of the Chinese currency, would prefer to hold yuan deposits rather than buy yuan-denominated shares.

“The regulators are attempting…

View original post 351 more words

About Craig Hill

General Manager at Craig Hill Training Services * Get an Australian diploma by studying in your own country * Get an Australian diploma using your overseas study and work experience * Diplomas can be used for work or study in Australia and other countries. * For more information go to www.craighill.net


No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s


Join 1,697 other followers

An archive of all my old posts

Follow me on Twitter

I also have a news site about China:

<span>%d</span> bloggers like this: