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Qatar Holding granted $1 billion to invest in China's capital markets Investment arm of Qatar's sovereign wealth fund given go-ahead to invest $1 billion in China's capital markets
Qatar Holding, the investment arm of Qatar's sovereign wealth fund, has been granted $1 billion to invest in China's capital markets, China's foreign exchange regulator said on Tuesday. Official Chinese media in June reported that Qatar was applying for a $5 billion quota in China's Qualified Foreign Institutional Investor (QFII) scheme, the main channel for foreign investment in Chinese stock and bond markets. QFII quotas are currently capped at $1 billion per investor although official media has reported Chinese regulators are looking at increasing the cap. China has been shifting its target investor base in the QFII scheme to long-term players such as sovereign, pension and endowment funds.