GlobalRMB RQFII database

This database contains all licence and quota approvals for the Renminbi Qualified Foreign Institutional Investors (RQFII) scheme, sourced from data released by the China Securities Regulatory Commission (CSRC) and the State Administration of Foreign Exchange (Safe). 

• Click on a column heading to sort the data by that column.
• Use the boxes at the top of each column to filter the content of the table. Typing "Hong Kong" in the Location field will show only those firms registered in Hong Kong. Typing "jan-16" in the Date of Approval field will show all approvals in the month of January 2016.
• Firms with * after their name and an approval amount of zero have received a licence only. They are still awaiting a quota allocation.
• Summary tables of the top 10 firms by total approved quota and the various total quotas allocated to each jurisdiction appear below the main database table.

Data last updated: October 3, 2017. 

Current approved total: Rmb589.456bn at 191 firms.


RQFII quota holder Location Date of approval Approval (RMB m) Total approved (RMB m)
BlackRock (Singapore) Limited Singapore 30-May-16 20,000 20,000
Vanguard Investment Australia Australia 27-Jan-16 20,000 30,000
BlackRock Asset Management North Asia Limited  Hong Kong 25-Aug-17 15,000 17,000
BlackRock Fund Advisors United States 24-Feb-17 11,000 11,000
Vanguard Investment Australia Australia 28-Apr-15 10,000 30,000
First State Investment Management (UK) Limited UK 25-Aug-17 8,200 8,200
Canada Pension Plan Investment Board Canada 25-Aug-17 6,728 6,828
Deutsche Asset & Wealth Management Investment GmbH Germany 26-Mar-15 6,000 6,000
Lyxor Asset Management France 29-May-15 6,000 6,000
Aberdeen Asset Management Asia Limited Singapore 28-Nov-16 5,400 7,300
Generali Investments Luxembourg S.A. Luxembourg 28-Apr-16 5,000 5,000
GIC Private Limited Singapore 28-Apr-15 5,000 5,000
Shinhan BNP Paribas Asset Management South Korea 28-Apr-15 5,000 8,000
Swiss Re Switzerland 29-Jul-15 5,000 7,000
E Fund Management (HK) Co Limited Hong Kong 14-Dec-12 5,000 27,200
China Asset Management (Hong Kong) Limited Hong Kong 05-Dec-12 5,000 21,800
CSOP Asset Management Limited Hong Kong 03-Dec-12 5,000 46,100
China Asset Management (Hong Kong) Limited Hong Kong 28-May-12 5,000 21,800
CSOP Asset Management Limited Hong Kong 27-Jul-12 5,000 46,100
ABC International Asset Management Limited Hong Kong 28-Jul-17 4,460 9,760
Allianz Global Investors GmbH Germany 28-Dec-16 4,000 4,000
Industrial and Commercial Bank of China (Europe) SA Luxembourg 27-Nov-15 4,000 4,000
CSOP Asset Management Limited Hong Kong 26-Jan-14 4,000 46,100
CSOP Asset Management Limited Hong Kong 24-Dec-13 4,000 46,100
CSOP Asset Management Limited Hong Kong 27-Nov-13 3,500 46,100
KKR Singapore Singapore 26-Mar-15 3,500 3,500
AXA Investment Managers Paris France 29-Jun-16 3,400 3,400
Kiwoom Asset Management Co Ltd South Korea 27-Nov-15 3,000 3,000
Samsung Fire & Marine Insurance Co Ltd South Korea 27-Nov-15 3,000 3,000
GF International Asset Management (UK) Co Ltd UK 25-Dec-15 3,000 3,000
Hyundai Investments Co Ltd South Korea 27-Jan-16 3,000 3,000
Robeco Luxembourg S.A. Luxembourg 27-Oct-16 3,000 3,000
Orient Finance Holdings (Hong Kong) Limited Hong Kong 25-Aug-17 3,000 3,500
Shinhan BNP Paribas Asset Management South Korea 27-Nov-14 3,000 8,000
Carmignac Gestion France 29-Jun-15 3,000 6,000
Meritz Asset Management Co Ltd South Korea 29-Jun-15 3,000 3,000
Hanwha Asset Management Co Ltd South Korea 28-Sep-15 3,000 3,000
Heungkuk Asset Management South Korea 28-Apr-15 3,000 3,000
Harvest International Asset Management (UK) Limited UK 29-May-15 3,000 3,000
Genesis Asset Managers UK 28-Apr-15 3,000 3,000
Samsung Securities Co Ltd South Korea 29-May-15 3,000 3,000
Ashmore Investment Management Limited UK 25-Feb-14 3,000 3,000
BNP Paribas Asset Management France 30-Oct-14 3,000 3,000
Carmignac Gestion France 30-Oct-14 3,000 6,000
DBS Bank Ltd Singapore 30-Oct-14 3,000 3,000
HSBC Global Asset Management (UK) Ltd UK 26-Aug-14 3,000 3,000
China Life Franklin Asset Management Co., Ltd. Hong Kong 30-May-14 3,000 6,500
China Asset Management (Hong Kong) Limited Hong Kong 30-Oct-12 3,000 21,800
CSOP Asset Management Limited Hong Kong 30-Oct-12 3,000 46,100
Harvest Global Investments Limited Hong Kong 30-Oct-12 3,000 14,740
Top 10 RQFII quota holders Country Total (Rmb m)
CSOP Asset Management
Limited
Hong Kong 46,100
Vanguard Investment Australia Australia  30,000
E Fund Management (HK) Co Limited Hong Kong
27,200
China Asset Management (Hong Kong) Limited Hong Kong
21,800
 BlackRock (Singapore) Limited Singapore 20,000
BlackRock Asset Management North Asia Limited Hong Kong   17,000
Harvest Global Investments Limited Hong Kong
14,740
 BlackRock Fund Advisors US  11,000 
Haitong International Holdings Ltd. Hong Kong
10,700
ABC International Asset Management Limited Hong Kong
9,760

RQFII quotas and approved allocations  *by approved allocation
Location Quota (RMB bn) Allocated (RMB bn)
Hong Kong 500 295.137
South Korea 120 75.387
Singapore 100 69.155
UK 80  38.994 
Australia 50 31.100
France 80 24
Luxembourg 50 15.187
United States 250 12.6
Germany 80 10.543
Canada 50  8.653 
Switzerland 50  7
Thailand 50  1.100 
Malaysia 50 0.600
Chile 50 0
Hungary 50 0
Ireland 50 0
Qatar 30 
United Arab Emirates 50 0
TOTAL 1,740 589.456

GlobalRMB Panda Bonds league table

Rank Arranger Share % by Volume
1 Bank of China (BOC) 28.15
2 CITIC Securities 21.52
3 China CITIC Bank Corp 9.93
4 China Merchants Bank Co 9.38
5 Industrial and Commercial Bank of China (ICBC) 7.73

Panda Bond Database

Pricing Date Issuer Country Size Rmb (m)
1 13-Oct-17 Global Logistic Properties Singapore 1,000
2 19-Sep-17 Skyworth Digital Holdings China 2,000
3 14-Sep-17 Bank of China (Hong Kong) (BOCHK) China 9,000
4 05-Sep-17 Joy City China 1,000
5 01-Sep-17 Rusal Russian Federation 500

Offshore RMB Bond Top Bookrunners

Rank Bookrunner Share % by Volume
1 Standard Chartered Bank 31.63
2 BNP Paribas 16.57
3 HSBC 14.01
4 JP Morgan 13.39
5 Credit Agricole 11.30

Latest Offshore RMB Bonds

Pricing Date Issuer Country Size Rmb (m)
1 15-Nov-17 Bank of China Paris Branch (BOC Paris) China 1,000
2 02-Nov-17 Hitachi Capital (UK) United Kingdom 500
3 27-Oct-17 Korea Development Bank (KDB) South Korea 1,400
4 19-Oct-17 Commonwealth Bank of Australia (CBA) Australia 1,500
5 11-Oct-17 BMW Finance NV The Netherlands 1,000