| China's foreign exchange regulator has increased the amount which Kuwait's sovereign wealth fund can invest directly in the Chinese securities markets to $1 billion. The quota allows the fund to buy yuan-denominated stocks and bonds. Only five other foreign investors in China have quotas as large as $1bn.
They are Qatar Holding, the Hong Kong Monetary Authority, Norway's Norges Bank, Government of Singapore Investment Corporation and Singapore-based investment firm Temasek Fullerton. Kuwait has a sovereign wealth fund managing assets well in excess of $300bn. The fund said last October that its investments in greater China, including Hong Kong, had grown to $15bn.............................................Full Article: Source
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