SSGA receives $2bn in RQFII quotas

In total, seven firms in August became first-time recipients of China’s quota programme, allowing them to invest in the onshore markets. Four State Street Global Advisors (SSGA) entities based in the UK, US and Ireland collectively received RQFII quotas of RMB 14.7bn ($2.14bn) for the first time in August, according China’s State Administration and Foreign Exchange (SAFE) … http://bit.ly/2Nm4gqe

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