E Fund Management is one of several China firms, including GF Fund and Dacheng Fund, that imposed restrictions on purchases of their QDII funds last week.
Tag: Safe
Northbound funds see outflows in January
Hong Kong-domiciled products sold in the mainland (northbound funds) through the MRF had a month of outflows while southbound funds had inflows.
Northbound funds surge in 2019, reverse downward trend
Hong Kong-domiciled products sold in the mainland (northbound funds) doubled assets from January to December, driven by Chinese investors seeking offshore diversification.
Northbound fund inflows set another high
Hong Kong-domiciled products sold in the mainland (northbound funds) continue to gather assets.
China ends QFII, RQFII quota
Overnight, China officially abolished the quota restrictions, ratcheting up the potential for capital inflows after global indices began the A-shares inclusion process.
China’s regulator signals further opening
The QFII scheme is a transitional step towards China’s orderly opening of its capital markets, according to the 2018 annual report from State Administration of Foreign Exchange (Safe).
China doubles QFII quota
The country previously made improvements to the scheme to attract more foreign investors.
China’s quota programmes take a break
China did not give additional allocations for its inbound and outbound quota programmes last month, according to records from the State Administration of Foreign Exchange (SAFE).
CIMB-Principal tops up RQFII quota
Kuala Lumpur-based CIMB-Principal Asset Management has received additional quota enabling the firm to invest in China’s onshore markets, according to latest records from the country’s State Administration for Foreign Exchange (SAFE).
In case you missed it (13 April 2018)
UBS AM fills senior sales role; Citi appoints new CEO; DWS launches new rating system to filter ESG leaders; China’s Harvest engages in UNPRI; Prestige helps wealth managers invest in green projects; China’s top officials make steps to further open up financial markets and capital flow channels; and more…