Southern Fund 2 billion US dollars QDII additional amount approved!
GUANGZHOU (Fund China) - Tuesday, (Chinese) State Administration of Forgign Exchange Bureau announced, approved a supplementary China Southern Fund Management Co. foreign portfolio investment amount 2 billion US dollars.
Including the previously approved amount, the Chinese State Administration of Foreign Exchange Bureau has approved the Southern Fund 4 billion US dollars of foreign portfolio investment amount.
Southern Fund said on Monday by investors strong demand-driven, regulators agreed to raise funds to expand its amount, the company will have only its first overseas investment fund has doubled in size to 30 billion yuan (about 4 billion US dollars).
Copyright Fund China 2008.
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