August 30, 2019 / 9:22 AM / a month ago

China QFII quota rises to $111.38 bln at end-August - FX regulator

BEIJING, Aug 30 (Reuters) - The outstanding amount of China’s dollar-denominated Qualified Foreign Institutional Investor (QFII) programme stood at $111.38 billion by Aug. 30, up slightly from $108.58 billion at the end of July, the foreign exchange regulator said on Friday.

The QFII scheme was created to allow foreigners to invest in Chinese capital markets.

Reporting by Hong Kong newsroom Editing by Jacqueline Wong

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