The China Securities and Regulatory Commission has granted Renminbi qualified foreign institutional investor licenses to more institutions in August, bringing the total of RQFII participants to 33.

The [tag|China Securities and Regulatory Commission|]China Securities and Regulatory Commission[/tag] has granted Renminbi qualified foreign institutional investor licenses to more institutions in August, bringing the total of RQFII participants to 33. 

The new RQFII licensees include Bank of East Asia, SinoPac Asset Management, BOCOM International Asset Management, China Orient International Asset Management and Value Partners Hong Kong. 

The addition of more members comes after the CSRC expanded the programme in March 2013, allowing the participation of Hong Kong subsidiaries of Mainland banks and insurers, as well as Hong Kong-registered financial institutions with major business in the territory. Existing licensees to the programme include HSBC Global Asset Management and Hang Seng Investment.