China’s state council has approved the increase of Hong Kong’s RQFII quota to 500 billion yuan. Photo: Reuters
China’s state council has approved the increase of Hong Kong’s RQFII quota to 500 billion yuan. Photo: Reuters
Yuan
Business /  Banking & Finance

Hong Kong’s RQFII quota increased to 500b yuan

PBOC says the move will help meet the yuan investment needs of Hong Kong investors

Alun John
Alun John

Updated: 9:26pm, 4 Jul, 2017

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China’s state council has approved the increase of Hong Kong’s RQFII quota to 500 billion yuan. Photo: Reuters
China’s state council has approved the increase of Hong Kong’s RQFII quota to 500 billion yuan. Photo: Reuters
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