It has also plans of applying for a QDLP licence.
Tag: China
Amundi China wealth JV aims $70bn AUM by 2025
For Asia as a whole, the firm has set an AUM objective of €500bn ($582.75bn).
Northbound funds see continued outflows since May
Mainland investors have favoured onshore funds as the domestic market continues to outperform the rest of the world.
Julius Baer reportedly eyes China wealth JV
It wants to join forces with a local firm to tap into the country’s growing financial services sector.
JPMAM confident on China healthcare theme
Import substitution and market consolidation is transforming China’s healthcare sector, according to JP Morgan Asset Management.
UBS Wealth defends China tech valuations
The sector is expected to deliver earnings growth of 25-30% in the next 12-18 months.
Fidelity expects rising China bond exposure
High returns, low correlations and index inclusion should attract foreign flows into China Government Bonds (CGBs), says Fidelity’s Asia CIO.
China to issue $10bn worth of QDII quotas
The regulators just issued $3.36bn of fresh quotas last month, after QDII quota allocations were suspended in April 2019.
Post-covid boost for China’s richest
While the masses struggle with the impact of coronavirus, China’s most well-healed have enjoyed the biggest wealth increase in two decades, according to Hurun’s latest annual report.
