Caixin
Feb 01, 2019 04:23 AM
FINANCE

Update: China Gives Foreign Investors Easier Entry, More Options In QFII, RQFII Programs

China to combine QFII and RQFII programs in latest financial opening measure. Photo: VCG
China to combine QFII and RQFII programs in latest financial opening measure. Photo: VCG

China’s securities regulator will revamp two long-established inbound investment programs to give foreign investors easier access and more investment options in the country’s capital market.

Authorities plan to combine the Qualified Foreign Institutional Investor (QFII) program and its yuan-denominated sibling, the Renminbi Qualified Foreign Institutional Investor (RQFII) program, according to draft rules published Thursday by the China Securities Regulatory Commission (CSRC).

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