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Who wins from China's QFII quota increases?

Leanne Wang
Managers of exchange-traded funds are among the winners from last week's expansion of China's qualified foreign investor quotas.
Who wins from China's QFII quota increases?

International asset managers are preparing to apply for the expanded quotas for China's qualified foreign institutional investor (QFII) scheme and its renminbi-denominated equivalent (RQFII), but the opening will benefit only some.

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