Morgan Stanley approved to take full control of mainland joint venture as China further opens its US$4 trillion asset management market

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The China Securities Regulatory Commission has approved Morgan Stanley to take full control in its mainland Chinese mutual fund unit in the latest move by a country allowing international players greater access to its US$3.9 trillion asset management market.

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Article Details

Author / Journalist: Enoch Yiu

Category: Business

Markets: Hong KongChina

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2023-02-05 @ 13:19:40 (1 months ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 5180266

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