Removal of QFII caps to lift fund flows
By Zhou Lanxu and Ren Xiaojin | China Daily | Updated: 2019-06-18 07:43
Reforms to help attract long-term investors, increase global interest in A-share market
Foreign capital flows into China's A-share market are set to increase once caps on the quota management under the Qualified Foreign Institutional Investor program are abolished, thanks to the growing interest from overseas investors, experts said.
The comments came after Pan Gongsheng, deputy governor of the People's Bank of China, said on Thursday that the country will ease and even cancel quota management for the QFII program, which enables licensed international investors to participate in mainland stock exchanges through a specified quota.
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