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China’s QDII Products Reactivated for Asset Managers
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China’s QDII Products Reactivated for Asset Managers

China’s QDII Products Reactivated for Asset Managers

Fintech Nexus Staff·
Asia/PacFintechNews Roundup
·Aug. 15, 2017·1 min read

China’s State Administrative of Foreign Exchange (SAFE) has granted Qualified Domestic Institutional Investor (QDII) quotas of US$89.9 billion to 132 Chinese mainland financial institutions; the new quotas follow positive investment catalysts including a Hong Kong stock market rally; the new quotas give Chinese asset managers broader freedom for investment in foreign fixed income and equities. Source

  • Fintech Nexus Staff
    Fintech Nexus Staff

    This piece was created by one of our content team members. Reach us at [email protected]

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