Regulatory queue builds for Sino-foreign asset managers

28 April 2010 | 1 minute read

A securities analyst from Beijing-based De Sheng Fund Research Center said a long queue is forming for approvals for joint ventures between Chinese and offshore asset managers. “Mainland and overseas companies can benefit each other by setting up joint ventures,” said an analyst. “The fund market is probably the most open market in mainland China, and the CSRC encourages these…

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