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2023-08-24 04:14:27

worldnewslivetv on Nostr: China allows Allianz to set up onshore fund management company HONG KONG :China's ...

China allows Allianz to set up onshore fund management company

HONG KONG :China's securities regulator on Thursday granted approval to Allianz Global Investors (Allianz GI) to set up an onshore fund management company as Beijing vowed to step up efforts to attract foreign companies amid sluggish economic growth. The asset manager, an investment management subsidiary of German insurer Allianz, committed 300 million yuan ($41.20 million) to establish the unit in China's…

https://worldnewslivetv.com/business/china-allows-allianz-to-set-up-onshore-fund-management-company/
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