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More clarity provided on new RQFII quota system

Christina Wang
Country limits are still in place after the recent reform of the RQFII quota rules, says a source close to China's foreign exchange regulator.
More clarity provided on new RQFII quota system

Following the unveiling of a new quota system for the renminbi qualified foreign institutional investor (RQFII) cross-border scheme early this month, industry players were unsure whether the country-by-country RQFII quota limit was still in place and what asset base the offshore arms of Chinese fund houses should use to calculate their new quota. 

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