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Foreign houses to get China private fund licences soon

Sandra Lu, partner of law firm Llinks, expects the first batch of wholly foreign-owned entities to register for private fund businesses in the next month or two.
Foreign houses to get China private fund licences soon

The first batch of foreign asset managers look set to register their wholly-owned onshore vehicles as private fund firms in China within the next two months, according to a lawyer with good knowledge of the matter. Such a move would enable firms to launch investment products under their own brand name.

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