China Information

Thursday, December 28, 2006

Schroder Investment Got Approval for USD200m of QFII Quota

The State Administration of Foreign Exchange (SAFE) publicized on its website on Dec.25th that the SAFE had approved USD200m of QFII quota for Schroder Investment Management Limited In addition, the SAFE also approved to add USD200m of QFII quota for INVESCO Asset Management Limited. So far there are over 40 overseas institutions that have acquired QFII quotas with total amount of USD9.045b.


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