12-19-2007 11:14

Societe General's China fund business said it has won approval to launch a fund to mainly invest in overseas-listed China-related equities under China's QDII scheme.

So far, 11 domestic fund houses have obtained QDII licenses, and four of them have launched the products under the scheme -- aimed at giving domestic residents more investment opportunities and to promote a better balance in China's international payments.


Editor:Xiong Qu