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The fund company has been approved for a new QD quota. There's no reason not to open for subscriptions, right?
After 9 months, QDII brings good news of a new round of quota allocations.
On March 27, the latest QDII quota table disclosed by the State Administration of Foreign Exchange shows that multiple institutions have received QDII investment quotas issued by the State Administration of Foreign Exchange. A total of 78 qualified domestic institutional investors, including fund companies, brokerages, and brokerage asset management firms, were approved for a combined QDII quota of $5.3 billion. The approved quota for each institution ranges from $20 million to $80 million. Among them, 3 institutions, including Crédit Agricole bank (China), Shanghai Yinrong Wealth Management, and Anxin Fund, were all approved for QDII quotas for the first time, and can now “show their full skills.”