2021-02-23 05:51:22 GMT2021-02-23 13:51:22(Beijing Time) Xinhua English
LONDON, Feb. 22 (Xinhua) We are proud to submit our application for establishing a wholly-owned Fund Management Company (FMC) in China, Lieven Debruyne, global head of distribution from Schroders, told Xinhua in a written interview on Monday.
As a famous global asset management company founded in 1804, Schroders has been present in the Chinese market for more than 25 years. On Feb. 18, Schroders applied to China Securities Regulatory Commission for setting up a mutual fund company in China. Over the past two and a half decades, Schroders has progressed hand in hand with China s asset management industry, Debruyne said. As our journey continues, applying for a full FMC license is an important next step for us in our strategy to grow our asset management business in China.
Schroders and Bocom to form wealth management JV in China international-adviser.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from international-adviser.com Daily Mail and Mail on Sunday newspapers.
SOURCE / ECONOMY By Global Times Published: Feb 23, 2021 11:54 PM
Workers work on a production line of CRRC Tangshan Co., Ltd., in Tangshan, north China s Hebei Province, Dec. 31, 2019.Photo:Xinhua
China s top state-asset regulator has set targets for the country s centrally administered state-owned enterprises (SOEs) this year, including achieving a profit growth rate above that of the national economic output.
Addressing a press conference on Tuesday, Hao Peng, head of the State-owned Assets Supervision and Administration Commission (SASAC), said this year should see more investment in research and development by SOEs as well as higher production efficiency and income margins, while keeping asset liabilities under control.
By Addison Gong
22 Feb 2021
In this round-up, China urges the US to help improve their bilateral relationship, the banking and insurance regulator sets restrictions on lenders participating in the online loan market, and FTSE Russell decides to include 11 Star market stocks in its global equity benchmarks.
China is open to more dialogue and cooperation with the US to “put the Sino-US relationship back on track”, Chinese foreign minister Wang Yi said at an event on Monday. Beijing is willing to contribute together with the US in fighting the Covid-19 pandemic and climate change, as well as in the global economic recovery, said Wang, calling these the “most urgent tasks facing the international society”.
利潤連年虧損，「帶賭上市」，又一內衣龍頭或登陸A股 sina.com.tw - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sina.com.tw Daily Mail and Mail on Sunday newspapers.