CSRC: foreign institutional investors have more freedom in their asset allocation

By Vera Ye | September 30, 2016, Friday |

Online Edition

FOREIGN institutional investors under a quota investment system have been allowed to freely decide their asset allocation in China’s securities market, the country’s top securities regulator said today.

China has scrapped restrictions on asset allocation of Qualified Foreign Institutional Investors, no longer requiring overseas investors to put at least 50 percent of their quota into stocks, Deng Ge, spokesman of China Securities Regulatory Commission, told a media briefing today.

“The move aims to facilitate investment and lure more long-term funds,” Deng said.

Launched in 2003, the QFII program is a gateway allowing foreign investors to directly trade equities and bonds on the mainland market.

China approved US$2.58 billion of quota to QFII investors in September, bringing the total outstanding amount to US$81.74 billion, the foreign exchange regulator said today.

Business

About Us
|
Terms of Use
|
RSS
|
Privacy Policy
|
Contact Us
|
Shanghai Call Center: 962288
|
Tip-off hotline: 52920043

沪ICP证：沪ICP备05050403号-1
|
互联网新闻信息服务许可证：31120180004
|
网络视听许可证：0909346
|
广播电视节目制作许可证：沪字第354号
|
增值电信业务经营许可证：沪B2-20120012

CSRC: foreign institutional investors have more freedom in their asset allocation

Email this to your friend