REFILE-China raises foreign institutional investor quota by $3 bln in Feb

Fri, 28 Feb - 7:30pm
 (Refiles to attach item to snap) 
    BEIJING/HONG KONG, Feb 28 (Reuters) - China granted $3 
billion in fresh quotas to licensed overseas institutional 
investors in February, data released on Friday by the State 
Administration of Foreign Exchange (SAFE) showed.   
    A sum of $900 million was issued under the 
dollar-denominated Qualified Foreign Institutional Investor 
(QFII) programme, with 12.6 billion yuan ($2.06 billion) issued 
under the Renminbi Qualified Foreign Institutional Investor 
(RQFII) programme. 
    Institutional investors need to apply for a licence from the 
securities regulator to seek investment quotas from the foreign 
exchange regulator.  
    ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ 
    For a graphic on China's QFII approvals, click:  
    http://link.reuters.com/fyp24v 
    ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^> 
($1=6.1284 Chinese yuan) 
 
 (Reporting by Xiaoyi Shao in BEIJING and Clement Tan in HONG 
KONG; Editing by Clarence Fernandez) 
 ((clement.tan@thomsonreuters.com)(+852 2843-6392)(Reuters 
Messaging: clement.tan.thomsonreuters.com@reuters.net)) 
 
Keywords: CHINA INVESTMENT/QFII  
     
URN: 
urn:newsml:reuters.com:20140228:nB9N0LF00Y:3
Topics: 
HK KMOVE MEAST RTRS FIN REGS BOC INSR PINV US QA MY STX AU IT POL BACT GEN PR WEU MCE ASEAN LATAM AMERS TRD EZC INVD PIA GB CMPNY INVM CA MEVN LINS ECI EUROPE QTS SG FINS KW EUROP FUND DIP ASIA EMRG DBT BISV LEN INVS CEN BSVC SOV BNK CN

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