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Mirae Asset, Hanwha eye China IM-WFOEs

The two Korean managers are planning to set up onshore wholly-owned entities, which are seen as important vehicles for foreigners to win domestic China mandates amid deregulation.
Mirae Asset, Hanwha eye China IM-WFOEs

Korean fund firms Mirae Asset Global Investment and Hanwha Asset Management are looking to set up or expand wholly foreign-owned enterprises (WFOE) in China that can conduct investment management.

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