Regulator relaxes rules for foreign investment firms

Who is eligible to be a QFII ?

Under PRC law, a foreign investor must obtain a special licence to become a qualified foreign institutional investor (QFII) to invest in China's securities market.

Only certain types of institutions are eligible to apply for QFII qualification with the China Securities Regulatory Commission (CSRC).

via Business feed http://www.scmp.com/business/money/markets-investing/article/1092310/regulator-relaxes-rules-foreign-investment-firms