| Qatar Investment Authority is awarded $1 billion in QFII quota, beating the previous high of $700 million, as China’s foreign exchange regulator hands out $2.5 billion to 11 firms in its latest batch. China’s foreign exchange regulator has smashed its record high for a single QFII quota as part of a fresh batch of awards amounting to almost $2.5 billion.
The State Administration of Foreign Exchange (Safe) has handed $1 billion to Qatar Holding, a subsidiary of sovereign wealth fund QIA, to invest in China’s domestic securities market...............................................Full Article: Source
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