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Fidelity establishes WFOE in Shanghai FTZ

Toby Yiu
The aim for Fidelity is to provide domestic services to institutional clients in China, where next year it hopes to sell its first Hong Kong fund.
Fidelity establishes WFOE in Shanghai FTZ

Fidelity Worldwide Investments has set up shop in Shanghai's free trade zone to help provide domestic services to its institutional clients in China, where next year it hopes to sell its first Hong Kong fund.

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