Tuesday 11 December 2012

UPDATE 1-Qatar Holding granted $1 bln quota to invest in China's capital markets | Reuters

Qatar Holding LLC, the investment arm of Qatar's sovereign wealth fund, has been granted a $1 billion quota to invest in China's capital markets, as Beijing steps up efforts to introduce long-term foreign investors to try and stabilize its volatile stock market.
Official Chinese media reported in June that Qatar was applying for a $5 billion quota under China's Qualified Foreign Institutional Investor (QFII) scheme, the main channel for foreign investment in Chinese stock and bond markets.
QFII quotas are currently capped at $1 billion per investor although official media has reported Chinese regulators are looking at increasing the cap.

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