Examples of QFII in a sentence
These programmes allow foreign investors to trade certain Shanghai Stock Exchange or Shenzhen Stock Exchange listed China A-Shares through their Hong Kong based brokers.The Funds seeking to invest in the domestic securities markets of the Peoples Republic of China (PRC) may use the Stock Connect in addition to the QFII and RQFII schemes and, thus, are subject to the following additional risks:General Risk: The relevant regulations are untested and subject to change.
Pursuant to Circular Concerning the Temporary Exemption of Corporate Income Tax for Gains Derived by QFII and RQFII from Transfer of Domestic Shares and Other Equity Interest Investment in China:• CIT shall be temporarily exempted on the gains derived by QFIIs and RQFIIs from the transfer of domestic shares and other equity interest investment in Mainland China with effect from 17 November 2014; and 6 Interest from government bonds are generally exempt from Mainland China CIT.
The number of QFII trading clients was 140 with a client coverage of 48%.
Because the Fund does not satisfy the criteria to qualify as a RQFII or QFII itself, the Fund currently invests directly in RMB Bonds via the RQFII license of China Asset Management (Hong Kong) Limited, the Fund’s Sub-Adviser (the “Sub-Adviser”).1 The Sub-Adviser has obtained RQFII status, which the Sub-Adviser uses to invest the Fund’s assets in RMB Bonds.
The Fund and the Manager, as the QFII investment quota holder, have appointed tax advisers and are in the process of preparing the tax filing to the Shanghai Tax Bureau.