Overseas fund flow peaks in second quarter

Overseas funds quickened their inflows into China during the second quarter after the economy and stock market have started showing signs of recovery.

According to Massachusetts-based research firm EPFR Global, qualified foreign institutional investors (QFII) injected about $3.6 billion capital in the equity markets in the second quarter.

Currently, China's total quota for QFII is about $30 billion. EPFR's research covered all the QFII products of fund managers, with their total quota reaching $26 billion.