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QDII quota to grow US$70 billion next year, fund forecasts
By STAFF EDITOR
Published: December 06, 2007 12:00 PM
A Chinese fund manager has predicted an additional US$70 billion quota will be added to the Qualified Domestic Institutional Investors (QDII) scheme next year to accommodate the increasing involvement of mutual funds, the China Securities Journal reported. Jiashi Fund also argued the scale of capital outflow from the QDII scheme and through direct investment in Hong Kong stocks would be determined largely by the ...
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