An asset management house is born

29 July 2010 | 1 minute read

The People’s Republic of China has a new asset management house. As of yesterday, Shanghai-based Orient Securities Asset Management Company was officially set up with a registered capital of Rmb300m (US$44m). The firm is a wholly owned subsidiary of Orient Securities, and is China’s first firm asset management house established by a securities firm. The asset management firm will undertake…

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