First QDII foreign-currency fund in China approved

The State Administration of Foreign Exchange (SAFE) has approved China's first qualified domestic institutional investor (QDII) foreign-currency fund;…

2 minute readOctober 02, 2006 at 12:58 AM

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The State Administration of Foreign Exchange (SAFE) has approved China's first qualified domestic institutional investor (QDII) foreign-currency fund; Hua An International Balanced Fund has an investment quota of US$500 million.

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