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Glossary: QFII

 

Photo: Renminbi
 

Acronym in full: Qualified Foreign Institutional Investor

The QFII scheme was first introduced in 2002 by the Chinese government to allow qualified institutional investors from Hong Kong to trade RMB denominated securities on the Chinese mainland by converting foreign currency to RMB within the quota obtained from relevant authorities.

 

Related country: China

Related articles:

Related term: A-shares, RQFII

 

 

 

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