April 30, 2019 / 10:27 AM / 6 months ago

China QFII quota rises to $105.8 bln at end-April - FX regulator

BEIJING, April 30 (Reuters) - The outstanding amount of China’s dollar-denominated Qualified Foreign Institutional Investor (QFII) programme rose to $105.8 billion as of April 29, from $101.60 billion as of March 27, China’s foreign exchange regulator said on Tuesday.

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

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