July 31, 2019 / 9:44 AM / 4 months ago

China QFII quota $108.58 bln at end-July - FX regulator

BEIJING, July 31 (Reuters) - The outstanding amount of China’s dollar-denominated Qualified Foreign Institutional Investor (QFII) programme stood at $108.58 billion by July 31, up slightly from $107 billion at end-June, the foreign exchange regulator said on Wednesday.

The QFII scheme was created to allow foreigners to invest in Chinese capital markets. (Reporting by Beijing Monitoring Desk; Editing by Clarence Fernandez)

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