China okays QFII licence to Macau and Singapore firms

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January 28, 2026
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China’s securities regulator has given the greenlight to two firms, one from Macau and one from Singapore, to invest in onshore stocks and bonds.

Macau lender Banco Well Link received the qualified foreign institutional investor, or QFII, licence on December 16, and Citadel Advisors Singapore secured the licence on December 29.

The China Securities Regulatory Commission (CSRC) announced the approvals on its website last week.

The regulator issued over 60 QFII licences last year.

The QFII scheme was launched in 2002 and there are now more than 900 international financial institutions holding the licence.

According to government figures, they have invested 21.28 billion RMB (US$3.05 billion) in Chinese stocks as of September 2025.

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