New investment quotas quickly "go live" QDII products collectively open for business

People’s Finance News, April 2—Recently, as the State Administration of Foreign Exchange has approved a new batch of QDII investment quotas, multiple public fund institutions have moved quickly to allocate quotas to their popular QDII products. From March 31 to April 1, a range of popular QDII products, including the S&P 500, the Nasdaq 100, the Nasdaq Biotechnology, US dollar-denominated bonds, and Hang Seng Tech, have successively announced increases to their subscription limits. Some newly approved QDII quotas have been promptly issued to investors for subscription. In recent years, overseas investment interest has remained high. Tight QDII quotas not only lead to capital rushing in, driving up the premium rates of exchange-traded products, but also prompt ongoing strengthening of purchase limits for over-the-counter products—at times even “closing the door to visitors.” Industry institutions believe that after this additional allocation of QDII quotas, it will help improve the subscription experience for products and stabilize market expectations. In the allocation of quotas, the product side may depend on the fund managers’ comprehensive considerations of factors such as product categories, market demand, and risk-return characteristics. Meanwhile, the sales side may face competition and gamesmanship across different business lines. (China Securities Journal)