China Removes QFII Ceiling for Sovereign Wealth Funds and Central Banks

Posted on 12/15/2012

The government of China has removed the ceiling on capital market investments for international sovereign wealth funds and central banks. China is trying to entice long-term foreign ownership in Chinese equities. According to revised regulations by China’s State Administration of Foreign Exchange (SAFE), sovereign wealth funds, central banks, and monetary authorities may exceed the US$ […]