A meeting was recently held by the SAFE to review the investment quotas for qualified institutional investors. Total quotas of USD400 million were allocated to four qualified foreign institutional investors (QFIIs), including Aviva Investors Global Services Ltd., Bank Julius Baer & Co. Ltd., Schroder Investment Management Ltd., and PineBridge Investments LLC, and total quotas of USD1.585 billion were granted to three qualified domestic institutional investors (QDIIs), including Guosen Securities Co., Ltd., American International Assurance Company, Ltd., and Lion Fund Management Co., Ltd.
As of April 29, 2011, the SAFE had approved investment quotas of USD20.690 billion to 103 QFIIs and investment quotas of USD72.646 billion to 92 QDIIs. Specifically, during the period from January to April 2011, investment quotas of USD970 million were allocated to 13 QFIIs, and quotas of USD2.985 billion were allocated to 8 QDIIs. Based on the changes and development in Chinas balance of payments, the SAFE will continue to examine and approve investment quotas for qualified institutional investors in a prudent and orderly manner.SAFE News
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- Index number:
- 000014453-2019-0036
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- Dispatch date:
- 2011-04-29
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- Publish organization:
- State Administration of Foreign Exchange
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- Exchange Reference number：
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- Name：
- The SAFE Approves Investment Quotas for Qualified Institutional Investors in a Prudent and Orderly Manner
The SAFE Approves Investment Quotas for Qualified Institutional Investors in a Prudent and Orderly Manner
