From Xinhua news agency on Sunday (citing the China Securities Regulatory Commission, market regulator):

  • China to relax rules for qualified foreign investors when they channel their offshore yuan holdings into China’s securities market
  • Renminbi Qualified Foreign Institutional Investors (RQFII) will no longer be required to put at least 80 percent of their funds into Chinese fixed income investments

“It means there will be more funds entering the (onshore)stock market,” Xinhua said, adding that the market regulator has already finished modifying the rule.