Metori Capital is the first foreign fund manager to set up a WFOE in Zhuhai, which is in the Greater Bay Area. Separately, Oaktree Capital has also received the PFM qualification.
Category: China
China approves Blackrock wealth management JV
The Chinese regulator has given the go-ahead for Blackrock and Temasek to form a wealth management joint venture (JV) with China Construction Bank (CCB).
Lu International forms Thai partnership
Lu International has joined up with Thailand’s Kasikornbank to create a digital wealth management platform.
China AMC de-lists L&I products
China Asset Management plans to wind up two L&I ETFs linked to Hong Kong’s H-share index.
HSBC plans China wealth management hires
A recruitment drive in HSBC’s Asian wealth management business contrasts with massive cuts in the bank’s global workforce.
Mirae Asset to launch more China themed ETFs
The firm now manages $880m in China-focused thematic products in Hong Kong.
Raffles FO expands Greater China team
The firm has hired another key executive to oversee the region following the appointment of Stella Kong, managing director for Greater China.
MRF northbound funds attract $100m in H1
Separately, Hong Kong investors have poured money into southbound products for the fourth consecutive month.
China Minsheng affiliate receives SFC fund approval
The asset management arm of CMBC in Hong Kong has an investment team focusing on Greater China equities and Chinese offshore bonds.
