China gave $910 mln in foreign investment quotas in March
April 09, 2013 at 04:48 AM EDT
April 9 (Reuters) - China granted $910 million worth of investment quotas to 11 foreign institutional investors in March, paving the way for them to buy Chinese stocks and bonds. The quotas, under the Qualified Foreign Institutional Investor (QFII) scheme, were awarded to overseas institutions including Generali Fund Management S.A, IDG Capital Management (HK) Ltd and Cutwater Investor Services Corp. By the end of March, China had awarded a combined $41.745 billion of QFII quotas to 197