Foreign capital quotas set for major increase
By Sophie He in Hong Kong and Chen Jia in Beijing | China Daily | Updated: 2013-01-15 07:51
Tenfold rise probable, top regulator says
A major increase in overseas capital will be allowed into the domestic A-share market, China's top securities regulator said in Hong Kong on Monday.
The A-share quota may increase at least nine to 10 times for the two key investment programs, the renminbi-qualified foreign institutional investor and the qualified foreign institutional investor, Guo Shuqing, chairman of China Securities Regulatory Commission, said at the Asian Financial Forum.
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