Deutsche Bank, a leading international investment bank, has been granted the license of Qualified Foreign Investment Institution by China's securities authority. As the sixth QFII in China, Deutsche Bank is allowed to engage in the securities business on the A-share market, the China Securities Regulatory Commission announced yesterday.

The CSRC had previously given the green light to five international investment institutions, which are UBS Warburg, Normura Securities, Morgan Stanley & Co International Ltd, Goldman Sachs & Co and Citigroup Global Markets Limited.