Group 1 - The core viewpoint of the article is that Xingsheng Global Fund has received approval to establish a subsidiary in Singapore, marking a significant step in the company's overseas expansion strategy [2][4][5] - The registered capital for the new subsidiary, Xingsheng Global Asset Management (Singapore) Co., Ltd., is set at 10 million Singapore dollars, and the company must complete its registration within 12 months from the approval date [5][6] - The subsidiary will gradually develop its overseas business capabilities, focusing on market research, investment, and client expansion in international markets [6][8] Group 2 - Since the initiation of overseas expansion by domestic public fund companies in 2008, over 20 firms have established subsidiaries abroad, with notable locations including Hong Kong, the United States, and Singapore [8][10] - Other fund companies, such as Huatai PineBridge and Southern Fund, have also received approvals for their Singapore subsidiaries, indicating a trend of increasing international presence among Chinese fund managers [8][9] - The establishment of overseas subsidiaries is seen as a way to enhance the international competitiveness of Chinese financial institutions and facilitate capital market connectivity [10]
又有公募出海大动作!
中国基金报·2025-06-29 10:37