Singapore state-investment company Temasek Holdings Pte. Ltd. has applied for $700 million new-investment quotas under China's Qualified Foreign Institutional Investors, or QFIIs, program, the China Securities Journal reported Thursday, citing Ding Wei, head of Temasek's China operations.
The QFII program, launched in late 2002, is one of the few methods through which foreign investors can trade China's domestically listed yuan-denominated A shares within a preset quota...............................................Full Article: Source
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