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China Reforms Bring New Funds | Global Finance Magazine

China Reforms Bring New Funds Advertisement BlackRock received the license in June 2021 as the first foreign financial institution to operate a wholly owned China subsidiary, BlackRock Fund Management.  July 25, 2021 Blackrock’s July 1 application with the China Securities Regulatory Commission (CSRC) to launch the BlackRock China New Horizon Mixed Securities Investment Fund, the first wholly foreign-owned mutual fund, marks a turning point in China’s financial market reform: Foreign financial institutions are no longer required to have a Chinese partner. BlackRock received the license in June 2021 as the first foreign financial institution to operate a wholly owned China subsidiary, BlackRock Fund Management. A booming Chinese mutual fund market will attract more foreign-owned mutual fund products, with two leading global institutions, JPMorgan Chase and Morgan Stanley both of which have joint ventures with long histories recently announced their plans to buy out their Chi

The week in review: Chinese securities firms assigned annual ratings, PBoC tightens grip on listing of payment firms, Beijing cracks down on after-school tutoring sector

The week in review: Chinese securities firms assigned annual ratings, PBoC tightens grip on listing of payment firms, Beijing cracks down on after-school tutoring sector
globalcapital.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from globalcapital.com Daily Mail and Mail on Sunday newspapers.

China greenlights five ChiNext IPOs - Buz & Tech News

2021-07-25 02:20:15 GMT2021-07-25 10:20:15(Beijing Time)  BEIJING, July 25 (Xinhua) China s securities regulator has approved the initial public offering (IPO) registrations of five companies on the country s NASDAQ-style ChiNext board. Jinsanjiang (Zhaoqing) silicon materials Co., Ltd., Shenzhen Xinhao Photoelectricity Technology Co., Ltd., Zhang Xiaoquan Inc., Zhejiang Huilong New Materials Co., Ltd. and GUOMAI Culture & Media Co., Ltd. will be listed on the Shenzhen Stock Exchange s board of growth enterprises, the ChiNext board, according to the China Securities Regulatory Commission. The companies and their underwriters will confirm the IPO dates and publish their prospectuses following discussions with the stock exchange. Enditem

China science, technology news summary -- July 25

China science, technology news summary July 25 Xinhua 25 Jul 2021, 15:44 GMT+10 BEIJING, July 25 (Xinhua) The following is a summary of published science and technology news of China. PROPYLENE PRODUCTION Chinese researchers have developed a new method of sieving propylene from propane, promising to improve the efficiency of propylene production. Traditional industrial technology of sieving propylene from propane usually comes at a cost of high investment in equipment and huge energy consumption. Researchers at Jinan University developed a new method using orthogonal-array dynamic molecular sieving, which is energy-saving and will greatly improve production efficiency. CLEAN ENERGY China s first ultra high-voltage (UHV) power superhighway for transmitting clean energy delivered 13.1 billion kWh of power from the Qinghai-Tibet Plateau, abundant in energy resources, to densely populated Henan in central China, according to State Grid s Qinghai branch.

China greenlights three new IPO applications - Buz & Tech News

China greenlights three new IPO applications - Buz & Tech News
sina.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sina.com Daily Mail and Mail on Sunday newspapers.

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