China Securities seeks funds JV partner

May 30, 2003

One of China''s top securities firms is looking for a foreign partner to help launch a fund management business.

Beijing-based China Securities is searching for a foreign partner to create a joint venture in asset management. It is looking for a long-term partner that would be willing to share management responsibility for a funds JV, as well as expertise, allowing the firm to boost its overall competitive advantage, says Jeffrey Tang, deputy general manager of the international business division in Shanghai.

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