-
@ Yahoo! Finance - by layer3.news
2025-02-21 09:02:05
nostr:nprofile1qy3hwumn8ghj7un9d3shjtt5v4ehgmn9wshxkwrn9ekxz7t9wgejumn9waesqgr8g2hyzql5lt4cxfjdj40hgtu6vydvsqvsesqy8canygcce3lwvyyapkyy
✍️ Abrdn is in advanced talks with Citic Bank to launch an asset management joint venture in China, aiming to bolster its presence in the world's second-largest economy.
👉 Abrdn is in advanced talks with Citic Bank to launch an asset management joint venture in China
👉 The venture is expected to hold a majority stake by Abrdn, with the rest owned by Citic Bank's unit Citic Wealth
👉 The move comes as British-Sino relations are warming up
#HongKong #China #UK #business
nostr:nevent1qvzqqqqqqypzqe6z4eqs8a86awpjvnv4ta6zlxnprtyqryxvqpp78vezxxxv0mnpqy3hwumn8ghj7un9d3shjtt5v4ehgmn9wshxkwrn9ekxz7t9wgejumn9waesqgx6yftz2nsfghhfwwzgqs8fwrrex4jarzhx3y0t33txg2z20n059yzn2dd4