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Shanghai deepens push as global asset management hub
Shanghai unveiled an ambitious blueprint to strengthen its position as a global asset management hub, setting a target of 55 trillion yuan ($8.12 trillion) in assets under management by 2030 — equivalent to one-third of the national total — as it seeks to enhance the global allocation and risk management functions of renminbi-denominated assets.
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global.chinadaily.com.cn
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Shanghai deepens push as global asset management hub
Shanghai unveiled an ambitious blueprint to strengthen its position as a global asset management hub, setting a target of 55 trillion yuan ($8.12 trillion) in assets under…
- ·
Shanghai eyes 55 trln yuan asset management mkt
Shanghai's continued efforts to develop the asset management industry, driven by enriched product supply and optimized financial infrastructure, will facilitate the country's…