RQFII breaks new records, Vanguard gets Rmb10bn quota

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RQFII breaks new records, Vanguard gets Rmb10bn quota

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The RMB qualified foreign institutional investors (RQFII) programme saw its sharpest monthly acceleration ever in April 2015. The programme, which launched in 2011, saw the State Administration of Foreign Exchange give out Rmb33.9bn ($5.5bn) in quotas in a single month across four jurisdictions.

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