AGL 40.00 No Change ▼ 0.00 (0%)
AIRLINK 131.00 Increased By ▲ 1.47 (1.13%)
BOP 6.83 Increased By ▲ 0.15 (2.25%)
CNERGY 4.70 Increased By ▲ 0.07 (1.51%)
DCL 8.98 Increased By ▲ 0.04 (0.45%)
DFML 43.00 Increased By ▲ 1.31 (3.14%)
DGKC 84.30 Increased By ▲ 0.53 (0.63%)
FCCL 33.00 Increased By ▲ 0.23 (0.7%)
FFBL 76.89 Increased By ▲ 1.42 (1.88%)
FFL 11.57 Increased By ▲ 0.10 (0.87%)
HUBC 111.00 Increased By ▲ 0.45 (0.41%)
HUMNL 14.78 Increased By ▲ 0.22 (1.51%)
KEL 5.46 Increased By ▲ 0.07 (1.3%)
KOSM 8.54 Increased By ▲ 0.14 (1.67%)
MLCF 39.85 Increased By ▲ 0.06 (0.15%)
NBP 60.85 Increased By ▲ 0.56 (0.93%)
OGDC 198.25 Decreased By ▼ -1.41 (-0.71%)
PAEL 26.80 Increased By ▲ 0.15 (0.56%)
PIBTL 7.97 Increased By ▲ 0.31 (4.05%)
PPL 158.40 Increased By ▲ 0.48 (0.3%)
PRL 26.64 Decreased By ▼ -0.09 (-0.34%)
PTC 18.70 Increased By ▲ 0.24 (1.3%)
SEARL 82.30 Decreased By ▼ -0.14 (-0.17%)
TELE 8.33 Increased By ▲ 0.02 (0.24%)
TOMCL 34.48 Decreased By ▼ -0.03 (-0.09%)
TPLP 9.25 Increased By ▲ 0.19 (2.1%)
TREET 17.40 Decreased By ▼ -0.07 (-0.4%)
TRG 61.75 Increased By ▲ 0.43 (0.7%)
UNITY 27.75 Increased By ▲ 0.32 (1.17%)
WTL 1.38 No Change ▼ 0.00 (0%)
BR100 10,490 Increased By 83.1 (0.8%)
BR30 31,857 Increased By 144.1 (0.45%)
KSE100 97,986 Increased By 657.3 (0.68%)
KSE30 30,382 Increased By 189.4 (0.63%)

BEIJING: China plans to expand several outbound investment schemes, state news agency Xinhua said on Wednesday, following a steady strengthening in the yuan currency against the dollar.

Fresh quotas worth $10 billion will be issued in several batches under the outbound Qualified Domestic Institutional Investor (QDII) scheme, Xinhua reported, citing an unnamed official at the foreign exchange regulator.

China will also expand outbound schemes Qualified Domestic Limited Partner (QDLP) and Qualified Domestic Investment Enterprise (QDIE), which are being trialled in Beijing, Shanghai and Shenzhen city, Xinhua reported, without giving a timeline.

The upcoming moves will further meet onshore investors’ need to allocate assets globally, Xinhua said.

Comments

Comments are closed.