VP Bank acquires minority stake in Chinese wealth firm
As the companies agree to set up Hong Kong platform
As the companies agree to set up Hong Kong platform
Firms will ‘contribute to joint product development and design’
With so much attention on the rise of China, many investors often overlook India
It plans to list on the Nasdaq
Asset manager also plans to establish a stand-alone public mutual fund company on the mainland
As demand for wealth offerings in Greater Bay Area set to surge
Company is also ‘very interested’ in its ‘activities around the Asia Pacific region’
But the country ‘will be much more in focus’ post-pandemic
‘Identifying countries that are at the foothills of a change in fortunes can be powerful’
It ‘is on track to become the largest insurance market globally’
Following acquisition of a Hong Kong-based firm
It becomes the ‘first foreign-invested joint venture to receive this approval’ in the country