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FINANCIAL NEWS
Qatar eyes USD5b investment in China: Report
25 Jun 2012
(MENAFN) Qatar’s sovereign wealth fund is seeking to grab part of China investment license quota, with USD5 billion investment in mind, Asia’s largest economy, local media reported.
Last month, Abu Dhabi was also reported as one of a number of Gulf countries looking to increase their investments in China.
The application for a license comes under the Qualified Foreign Institutional Investor (QFIIs) programme, according to a report on the China Securities Journal’s website.
The State Council in April increased total QFII quotas to USD80 billion from USD30 billion, widening access for foreign firms to tap into the fast growing market.
So far, China Securities Regulatory Commission (CSRC) has awarded QFII licenses to 172 foreign investors since the program started in 2002.
More News
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
12 May 2025
Alsharifi: “Proud of our strategic partnership with the Royal Humanitarian Foundation”
04 May 2025
BBK offers exclusive Mortgage Loans for luxury villas and apartments on Reef Island
30 Apr 2025
BBK discloses its financial results for the first quarter ended 31st March 2025
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
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