Qualified Foreign Institutional Investor
Key Facts
Abbreviation
QFII
Pronunciation
/kˈwɑləˌfaɪd ˈfɔrən ˌɪnstɪˈtuʃənəl ˌɪnˈvɛstər/
Category
Business
Related Field
Stock Exchange
Examples in Context
- At present, foreign investors can invest only in local currency stocks and bonds in China under the existing qualified foreign institutional investor programme.
- More product opportunities may open up under the qualified domestic institutional investor ( QDII ) and qualified foreign institutional investor ( QFII ) schemes, but this is likely to largely benefit Chinese asset managers.
- The bank has applied to Beijing for a quota under the qualified foreign institutional investor ( QFII ) programme, which allows overseas groups to buy equities and bonds on the mainland.
- However, regulators in China are making greater efforts to open up the stock market to overseas investors, principally through the Qualified Foreign Institutional Investor(QFII)s ( QFIIs ) system and the Renminbi Qualified Foreign Institutional Investor(QFII) ( RQFII ) project.
- For access to the mainland, overseas investors need permission from Safe, China's foreign exchange regulator, to become part of the Qualified Foreign Institutional Investor(QFII) ( QFII ) scheme.