QDIE quota shortage for 30 new licences: sources
Shenzhen is believed to have handed out licences – but only $1 billion in extra quota – to another 30 fund houses under its QDIE cross-border alternative investment scheme.
Shenzhen’s Financial Services Office (FSO) has reportedly handed out around 30 new licences but only $1 billion in fresh quota under the QDIE programme in recent weeks, amid rising demand for foreign assets.
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