Morgan Stanley received an additional 200 million U.S. dollars quota and Goldman Sachs received an additional 150 million dollars, the State Administration of Foreign Exchange (SAFE) said in a statement on its Web site.

SAFE said it had assigned the 200 million dollars quota to Morgan Stanley unit, Morgan Stanley Investment Management Inc. The unit is authorized to launch a Morgan Stanley China A-share fund, the statement said.

Morgan Stanley International controls an additional 400 million dollars in QFII quotas, according to official SAFE data.

The new quota for Goldman Sachs increases its total QFII quotas to 300 million dollars.

The QFII program, which was launched in mid-2003, allows approved foreign institutional investors to trade yuan-denominated A shares listed on exchanges in Shenzhen and Shanghai.

(For more biz stories, please visit Industry Updates)