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China To Relax Foreign Investment In Asset Management Further

CHINA PRESS
MNI (Singapore)

China will further relax the threshold for foreign institutions to invest in financial asset management companies, according to a document released by the National Administration of Financial Regulation. Authorities will allow overseas non-financial institutions to serve as investors in domestic financial asset management companies and cancel the total asset requirements for overseas financial institutions intended to be an investor. The document will come into effect on Nov 10, 2023. (Source: China News Service)

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