HSBC China said yesterday that it has concluded its first sale of mainland China-domiciled funds, marking the launch of its fund business in 22 cities across the country. Six open-ended funds managed by HSBC Jintrust, a Shanghai-based joint venture established in 2005, are available to local, foreign, as well as Hong Kong and Macau residents at branches in 22 cities…
HSBC China launches domestic funds in 22 cities
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