ChangAn FMC gets CSRC nod, but questions are raised
The firm has hired key personnel as it goes about establishing its business registration. But already there are suggestions that it will find itself depleted of capital within the next two years.
Shanghai-based ChangAn FMC has become the fourth fund management company to receive an operating licence this year, indicating that the China Securities Regulatory Commission (CSRC) is speeding up its approval process. The country now boasts 67 FMCs, and counting.
Sign In to Your Account
Access Exclusive AsianInvestor Content!
Please sign in to your subscription to unlock full access to our premium AI resources.
Free Registration & 7-Day Trial
Register now to enjoy a 7-day free trial—no registration fees required. Click the link to get started.
Note: This free trial is a one-time offer.
¬ Haymarket Media Limited. All rights reserved.