BNPP IP plans China WOFE, wins RQFII licence
BNP Paribas Investment Partners' new Hong Kong chief spoke about the the wholly owned foreign entity the firm is setting up in Shanghai. It has also won an RQFII licence in Paris.
BNP Paribas Investment Partners will set up a wholly owned foreign entity (WFOE) in China late this year, a relatively newly available route for accessing mainland clients.
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