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The fund company has been approved for a new QD quota. There's no reason not to open for subscriptions, right?
After a 9-month wait, QDII has received good news about a new round of quota issuance.
On March 27, the latest QDII quota table disclosed by the State Administration of Foreign Exchange shows that multiple institutions have successively received QDII investment quotas issued by the State Administration of Foreign Exchange. A total of 78 qualified domestic institutional investors, including fund companies, securities firms, and securities asset management companies, have been approved for a total of $5.3 billion in QDII quotas. The approved quotas for each institution range from $20 million to $80 million. Among them, three institutions, including Amundi Bank, Bank of Shanghai Wealth Management, and Anxin Fund, have received QDII quotas for the first time and can now “show their skills.”