Hang Seng to launch China funds JV with majority stake

The Hong Kong bank plans to set up a joint venture funds company with majority control in Shenzhen’s Qianhai zone. It would be the first such mainland JV and a significant milestone in China’s funds liberalisation.


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Underweight US
  16%
 
Overweight US
  44%
 
Underweight EMs
  7%
 
Raise cash levels
  19%
 
No change
  14%
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