ZED-Alert
February 22, 2012 RQFII, China AMC, Harvest
According to local media sources, eight RQFII products have completed their fundraising and FMCs with renowned brand names raised the highest amount. China Asset Management (Hong Kong) raised RMB1....
February 22, 2012 China AMC, Human Resources
According to local media sources, China AMC, the biggest FMC in China, has won CSRC’s approval to implement an employee stock option program (ESOP) through its third-party wealth management...
February 22, 2012 PBoC, Turkey, Currency Swap
China’s Central Bank has signed a RMB10bn currency swap agreement with the Central Bank of Turkey. The three-year agreement will be extendable by mutual consent, with the aim of enhancing bilateral...
February 22, 2012 Brokerages, OTC
According to local media sources, ten brokers have completed the preparation that enables them to operate in China’s developing OTC market. Earlier this month, SAC met with the ten brokers to discuss...
February 22, 2012 Noah, IFAs, Hong Kong
Noah, a leading Independent Financial Advisor (IFA) in mainland China, announced the establishment of its subsidiary in Hong Kong. The wholly owned subsidiary, Noah Holdings (Hong Kong) Limited, has...
February 22, 2012 PE/VCs, Haitong, GTJA, Brokerages
The Shanghai government is now planning for two new PE funds, Shanghai Cultural Industrial Fund and Shanghai Shipping Industrial Fund. The former will be established by Haitong Securities with a...
February 22, 2012 Sinolink, CSRC
Sinolink Securities announced yesterday that its board of directors has agreed to set up a wholly-owned subsidiary for direct investment. Sinolink Securities plans to invest RMB200m in the new...
February 22, 2012 Trusts
A total of 18 domestic trust companies rolled out 45 art trust products in 2011, a 350% increase from 2010. Funds raised from such products reached RMB5.5bn last year. The average maturity period was...