August 30, 2017 / 1:33 AM / a month ago

China QFII quota rises to $93.99 bln at end-August - regulator

BEIJING, Aug 30 (Reuters) - The outstanding amount of China’s dollar-denominated Qualified Foreign Institutional Investor (QFII) programme rose to $93.99 billion as of Aug. 30, from $93.27 billion at end-July, the foreign exchange regulator said on Wednesday.

The QFII scheme was created by China to allow foreigners to invest in Chinese capital markets. (Reporting by Beijing Monitoring Desk; Editing by Kim Coghill)

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