Performance

Springs Capital sets up shop in HK, sees AUM rising

by

Jenny Tian
China’s Springs Capital hopes to upsize its China Opportunities Fund this year with the establishment of a marketing operation in Hong Kong. Jenny Tian, portfolio manager of the fund, says it is on the verge of obtaining a license from the Hong Kong Securities and Futures Commission to sell the fund to investors in Hong Kong.

The Beijing-based firm joins the ranks of several mainland managers that are establishing an offshore presence in Hong Kong. Springs Capital is a significant player in the onshore renminbi funds arena, running $540 million in assets for