China Everbright Assets Management Ltd. Receives Approval for the US$300 Million Additional QFII Quota Application
China Everbright Assets Management Limited (“CEAML”), a wholly owned subsidiary of China Everbright Limited has recently received the approval from State Administration of Foreign Exchange(SAFE) for the US$300 Million additional QFII Quota Application. Together with the US$100 Million QFII Quota that was approved in 2013 by SAFE, the total approved QFII quota obtained by CEAML has reached US$400 Million so far.
In addition to the multiple cross-border investment qualifications such as QFII, RQFII, QDII investment advisor and China Inter-Bank Market Trade etc., the newly approved additional QFII quota will bring in more business opportunities to CEAML’s existing clients and potential new clients.
In addition to the multiple cross-border investment qualifications such as QFII, RQFII, QDII investment advisor and China Inter-Bank Market Trade etc., the newly approved additional QFII quota will bring in more business opportunities to CEAML’s existing clients and potential new clients.
