SUBSCRIBERS
BlackRock preparing to launch private fund in China
Published Mon, Jul 17, 2017 · 09:50 PM
Shanghai
BLACKROCK Inc, the world's largest money manager, said that it is preparing to start a private fund in China after the country opened the market wider to global players.
The firm plans to set up a wholly foreign-owned enterprise first for its private fund business in China, according to Chen Ting, general manager at BlackRock Overseas Investment Fund …
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Tesla cuts US prices by US$2,000 as sales slow, inventories swell
Volkswagen workers vote decisively to unionise in Tennessee
Sony deal for Paramount would draw added regulatory scrutiny
Bitcoin 'halving' has taken place: CoinGecko
Lululemon to shutter Washington distribution center, lay off 128 employees
Wall Street bonus rules return to regulatory agenda in third try