There is fear about a mooted 10% tax being applied retrospectively to gains made by QFII investors trading A-shares. Regulators are tipped to unveil answers in the next six months.
Tag : quota
The Malaysian sovereign wealth fund waits just a month for its $250 million QFII quota. It is one of five foreign institutions to get a new batch of allowances totalling $700 million.
The asset manager has just fulfilled its initial $200 million QFII quota and is already mulling its options for a second bite of the cherry, its Asia chief confirms.
Anticipating the introduction of a second bourse and futures market, foreign fund managers are upbeat about the long-term outlook for the A-share market.
