RQFII quotas must be expanded: K.C. Chan

29 Mar 2012

Hong Kong’s financial services and the treasury secretary K.C. Chan says that a larger renminbi qualified foreign institutional investors (RQFII) quota is necessary to support the internationalisation of the offshore renminbi (CNH).

K.C. Chan, Hong Kong’s financial services and the treasury secretary, tells Asiamoney PLUS that it’s imperative for financial regulators to increase the renminbi qualified foreign institutional investors programme (RQFII) quota to help develop the CNH. He additionally calls for a wider array of CNH products to entice overseas ...

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