First QDII foreign-currency fund in China approved
October 02, 2006 | BY
clpstaff &clp articlesThe State Administration of Foreign Exchange (SAFE) has approved China's first qualified domestic institutional investor (QDII) foreign-currency fund;…
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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.