State Administration of Foreign Exchange has approved a new QDII quota of 5.3 billion US dollars, and Anxin Fund has been selected.

On March 27, the State Administration of Foreign Exchange announced the latest approval status of the investment quota for qualified domestic institutional investors. As of the end of March, the cumulative approved quota reached $176.169 billion, an increase of $5.3 billion compared to the data announced at the end of February. At the same time, Anxin Fund was included in the list of qualified institutional investors. It is worth noting that the approval of new quotas in this category had been stagnant before, but this time, the total increase in the securities fund category was $2.99 billion, the highest among all categories including banks, insurance, and trusts, with no new quota approved for the trust category. Since the beginning of this year, the performance of QDII funds has shown significant differences, and some funds have experienced a prominent on-exchange premium phenomenon. With the approval of new QDII quotas, it is possible that the policy of restricting off-exchange purchases may be further relaxed in the future, providing investors with more ways to participate in the market.