The State Administration of Foreign Exchange has newly approved $5.3 billion in QDII quotas, with Anxin Fund among the recipients.

Gelonghui, March 28 | On March 27, the State Administration of Foreign Exchange announced the latest approval situation for Qualified Domestic Institutional Investor (QDII) investment quotas. As of the end of March, the total approved quota reached $176.169 billion, an increase of $5.3 billion compared to the data released at the end of February ($170.869 billion); at the same time, Anxin Fund made it onto the list of institutions. It is worth noting that the approval of new quotas for this category had previously stalled. From the perspective of the new quantities in each category, the securities and fund category increased by a total of $2.99 billion, the largest increment among all categories, including banking, insurance, and trust, while the trust category still did not receive any new quota approvals this time. Since the beginning of this year, the performance of QDII funds has varied significantly, with some funds exhibiting a prominent premium phenomenon in the market. With the approval of new QDII quotas, the policy on off-market purchase limits may be further relaxed in the future, providing more avenues for investor participation.