Current Investment Scope for QFII and RQFII January 2019 Consultation Paper
Stocks, bonds and asset-backed securities traded or transferred on
stock exchanges, including stocks listed on the SSE STAR Market
1. Stocks, depository receipts, bonds, bond repurchases, and asset-backed
securities traded or transferred on stock exchanges, including securities
listed on the SSE STAR Market
  2. Shares transferred on the National Equities Exchange and Quotations (NEEQ)
Fixed income products traded on the domestic interbank bond market 3. Eligible products traded on the domestic interbank bond market for
qualified investors according to regulations of the
People's Bank of China (PBC)
Publicly offered securities investment funds 4. Publicly offered securities investment funds
Stock index futures 5. Financial futures contracts listed and traded on the China Financial Futures Exchange (CFFEX)
  6. Commodity futures contracts listed and traded on futures exchanges approved by the CSRC
  7. Options listed and traded on futures exchanges approved by the State Council or the CSRC
Foreign exchange derivatives only to hedge foreign exchange risk
exposure arising from domestic securities investments
8. Eligible foreign exchange derivatives for qualified investors
according to regulations of the State Administration of Foreign Exchange (SAFE)
Other financial instruments as approved by the CSRC 9. Other financial instruments as approved by the CSRC
A qualified investor can participate in the subscription for new
share issuance, convertible bond issuance, secondary share offerings,
and share allocations on stock exchanges.
A qualified investor can participate in the subscription for new
share issuance, bond issuance, secondary share offerings, and share
allocations on stock exchanges and the NEEQ, and can engage in margin trading and
securities lending in stock exchanges.
  A qualified investor can invest in a private investment fund whose
investment scope conforms to first two types of products listed above
  Relevant securities and futures trading venues will propose specific
types of bond repurchases, financial futures contracts, commodity futures contracts,
and options contracts eligible for qualified investors and report to the CSRC for approval.
Particularly, the CSRC will consult with the PBC on the specific types of eligible bond repurchases
and financial futures contracts.
  A qualified investor can appoint its associated domestic private
securities investment fund manager as its investment adviser.