China Launches New Asset Management Association of Shanghai & New Trial Program for Cross-Border Transfer of Private Equity & Venture Capital Shares, To Become Leading International Asset Management Centre
23rd September 2022 | Hong Kong
China has launched a new Asset Management Association of Shanghai with 123 corporate members (trust firms, insurance, asset management & funds), speeding up efforts to transform Shanghai to become a leading international Asset Management Centre. At the launch, the Asset Management Association of Shanghai also announced the launch of a new trial program for cross-border transfer of private equity & venture capital shares. Shanghai has more than 4,600 asset managers (China / Global). In the latest Global Financial Centres Index (GFCI 32), Shanghai is ranked 6th in the world (New York, London, Singapore, Hong Kong, San Francisco, Shanghai).
“ China Launches New Asset Management Association of Shanghai & Launch Trial Program for Cross-Border Transfer of Private Equity & Venture Capital Shares, To Become Leading International Asset Management Centre “
Annual Lujiazui Forum in Shanghai, the Largest Financial District in Mainland China
Every year, Shanghai (the largest financial district in Mainland China) hosts the Annual Lujiazui Forum. The annual Lujiazui Forum is co-hosted by the city government, China central bank & China financial regulators ( People’s Bank of China (PBOC), China Banking and Insurance Regulatory Commission (CBIRC), China Securities and Regulatory Commission). The Lujiazui Forum was first held in 2008 and is usually scheduled in June.