ABN AMRO Holdings NV plans to expand in China, applying for an additional quota to invest in the country's yuan-denominated-securities market and injecting more funds into its joint-venture fund-management company, the Wall Street Journal reported. "We remain positive on the outlook of China's [Class A] share market," said the paper, quoted Frances Chang, mainland China head of ABN AMRO Asset Management (Asia) Ltd., the bank’s fund-management unit, as saying. ABN AMRO Asset Management has applied with China's regulators for a quota of 400 million US dollars under the Qualified Foreign Institutional Investor program, which allows approved foreign investors to invest in yuan-denominated securities traded on local stock markets. ABN AMRO Asset Management holds 49% of the fund joint venture, with the remaining 51 percent held by Tianjin-based Northern International Trust & Investment Co.