SHANGHAI (Reuters) - China may increase the maximum amount that a foreign financial institution can invest in the country's capital markets as part of broad reforms in the sector, the official China Securities Journal reported, citing unidentified sources.
Quotas are individually capped at $1 billion under the Qualified Foreign Institutional Investor (QFII) scheme, the main channel for foreign investment in Chinese stocks and bonds since 2003.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!