The Chinese insurer is set to start awarding overseas mandates in 2014 through its offshore investment arm, which in turn is eyeing the Hong Kong retail market.
Tag : state administration of foreign exchange
China's State Administration of Foreign Exchange awarded $150 million in QFII quota in April, the lowest in almost two years. Analysts expect this trend to continue.
The CSRC slashes minimum AUM requirements for asset managers and institutional investors to qualify as QFIIs, while granting $1.2 billion in fresh quotas.
