June 28, 2019 / 8:27 AM / 24 days ago

China QFII quota rises to $107 bln at end-June - FX regulator

BEIJING, June 28 (Reuters) - The outstanding amount of China’s dollar-denominated Qualified Foreign Institutional Investor (QFII) programme stood at $107 billion by June 28, up slightly from $105.8 billion at end-May, the foreign exchange regulator said on Friday.

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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