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July 2012 Vol. 17 No. 07

SWF applies for QFII Status

Category: Asia, China

Qatar’s sovereign wealth fund is applying for a license and a US$5 billion quota to invest in China under the qualified foreign institutional investor (QFII) scheme. The move has led the Chinese regulator to raise the ceiling on its QFII quota to US$5 billion from the current US$1 billion, according to China Securities Journal.

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