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CN SAFE Issues Over US$10B QDII Quota in Single Day
The investment quotas for qualified domestic institutional investor (QDII) reached US$147.319 billion as of June 2, up US$10.3 billion from the previous reading of US$137.019 billi...
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CN SAFE Issues Over US$10B QDII Quota in Single Day
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2021/06/03 08:02
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The investment quotas for qualified domestic institutional investor (QDII) reached US$147.319 billion as of June 2, up US$10.3 billion from the previous reading of US$137.019 billion on May 31, Reuters citing SAFE's review.

This likely signaled regulators' intention to expedite capital outflow amid RMB appreciation hopes.

17 institutions received the new quotas on June 1, including HSBC Bank (China), China Southern Asset Management, and PICC GROUP (01339.HK) (601319.SH).
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