People Moves

Springs Capital launches HK shop, AUM up


Jenny Tian
China’s Springs Capital is hoping to grow its China Opportunities Fund this year with the establishment of a marketing operation in Hong Kong. Jenny Tian, portfolio manager of the fund, said it is on the verge of obtaining a licence 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