2 Aug 2018
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
- CEPA 2017: New Measures and New Opportunities for Hong Kong
- CEPA Supplement X and Hong Kong's financial and distribution services sectors