Regulator awards fresh QFII, RQFII quotas
Canada Pension Plan Investment Board receives the biggest of eight QFII quotas, while six RQFII players are singled out, including three new entrants.
China’s foreign exchange regulator has handed $1.4 billion in fresh quotas to eight QFII licence holders, and Rmb19 billion ($3 billion) to six RQFII players.
The largest qualified foreign institutional investor (QFII) award went to Canada Pension Plan Investment Board (CPPIB), which received $500 million.
That adds to the $100 million it was granted last March and means it has received $600 million in a year, since being handed a QFII licence in December 2011.
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