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China smashes previous high for QFII approvals

Leanne Wang
The CSRC awards licences to 14 long-only institutions including two central banks, two sovereign wealth funds and two pension funds. A rise in quotas is forecast.
China smashes previous high for QFII approvals

China’s securities regulator posted a record monthly high for QFII licence approvals in December, more than doubling the previous best since the scheme was introduced in 2003.

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