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China Grants QFII Status to BlackRock, Amundi

BlackRock, the world’s largest money manager, and Amundi, the asset management venture between Credit Agricole and Societe Generale, have been given the go-ahead by China’s securities regulator to invest in China’s capital markets through their subsidiaries, Reuters reported. BlackRock Institutional Trust Company and Amundi Hong Kong Ltd have been granted Qualified Foreign Institutional Investor (QFII) [...]