Northbound funds under the Mutual Recognition of Funds (MRF) recorded weak sales performance in October, falling from a 13-month peak, according to data from the State Administration of Foreign Exchange.
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China grants new RQFII, QFII quotas to three firms
Eastspring Investments is among the firms that received an RQFII quota for the first time in March.
Two firms granted new RQFII quotas
Fidelity and Goldman Sachs Asset Management received RQFII quotas for the first time, and Pioneer AM was granted an RQFII licence.