Shinhan BNP gets first Korean RQFII quota; programme expands to Rmb300bn

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Shinhan BNP gets first Korean RQFII quota; programme expands to Rmb300bn

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Beijing, China cityscape over Workers Indoor Arena. | SeanPavonePhoto - Fotolia

The RMB Qualified Foreign Institutional Investor (RQFII) programme grew again in November, with China’s State Administration of Foreign Exchange (Safe) giving out four new licences and the China Securities Regulatory Commission (CSRC) assigning a further Rmb4bn in quotas to two institutional investors.

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