“中东资本”卡塔尔控股成为华夏基金第三大股东，外资不断加仓中国

Core Insights - Qatar Holding LLC has officially become a significant shareholder of Huaxia Fund, acquiring a 10% stake, which amounts to 23.8 million RMB [1][4] - Huaxia Fund, established in April 1998, has a registered capital of 238 million RMB and manages a total public asset scale of 1.91 trillion RMB as of Q1 2023 [4][8] - The investment by Qatar Holding is seen as part of a broader trend of foreign capital entering the Chinese market, particularly in the asset management sector [8][9] Company Overview - Huaxia Fund is one of the earliest public funds in China, with its total managed assets ranking second only to E Fund [4] - The current shareholders of Huaxia Fund include CITIC Securities (62.2% stake), Mackenzie Financial Corporation (27.8% stake), and Tianjin Haipeng Technology Consulting Co., Ltd. (10% stake) [4][8] - The 10% stake acquired by Qatar Holding was previously held by Tianjin Haipeng, which had expressed intentions to transfer this stake since June 2022 [8] Financial Performance - For 2024, Huaxia Fund is projected to achieve revenues of 8.031 billion RMB and a net profit of 2.158 billion RMB, showing growth from 2023 figures of 7.327 billion RMB and 2.013 billion RMB respectively [8] Industry Trends - The Chinese capital market is increasingly open to foreign investments, with significant policy changes since 2020 allowing foreign ownership in fund management companies [8] - There is a growing presence of foreign asset management firms in China, with nine foreign-owned public funds currently operating, reflecting a trend of increasing foreign capital inflow [9][10] - Middle Eastern sovereign wealth funds, including those from Abu Dhabi and Kuwait, are actively investing in the Chinese market, with significant holdings in various A-shares [11]