Value Partners acquires stake in mainland firm
Thu Mar 22, 2012
Alternative asset management firm Value Partners is acquiring a
49% stake in mainland China asset management company KBC
Goldstate for CNY40.5 million ($6.4 million), boosting its bid
to penetrate the huge Chinese market for its various investment
It acquired the stake from KBC Asset Management after the
China Securities and Regulatory Commission approved the
transaction, turning the firm into the first indigenous Hong
Kong asset management firm to establish...
ISSN: 2151-1845 / CDC10004H
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