Asset Management Association of China

Waton Securities International Bolsters Its Business with Professional Certification as a Hong Kong Stock Investment Advisor from the Asset Management Association of China

Retrieved on:

Tuesday, April 25, 2023

Cloud, Asset Management Association of China, International, China Securities Regulatory Commission, E Fund Management, Shanghai-Hong Kong Stock Connect, AMAC, China Asset Management, Financial adviser

Hong Kong institutions that have obtained the qualification to provide Hong Kong stock investment advisory services to mainland securities companies and fund management companies under the "Hong Kong Stock Connect" program are part of the trend of increasing integration of the two capital markets.

Key Points:

Hong Kong institutions that have obtained the qualification to provide Hong Kong stock investment advisory services to mainland securities companies and fund management companies under the "Hong Kong Stock Connect" program are part of the trend of increasing integration of the two capital markets.
With the gradual deepening of the interconnection mechanism between the mainland and Hong Kong stock markets, a large number of mainland securities and fund management institutions have issued asset management products that invest in Hong Kong stocks through the "Hong Kong Stock Connect" program.
However, their familiarity with the Hong Kong stock market is still inferior to that of local investment advisory institutions in Hong Kong, and the demand for securities investment advisory services provided by Hong Kong institutions is increasing.
Waton Securities International's recent qualification as a Hong Kong stock investment advisor marks a significant milestone in its journey towards consolidating its professional capabilities and strengths in the industry.

Faraday Future Appoints Mr. Xuefeng Chen and Ms. Ke Sun to Board of Directors

Retrieved on:

Thursday, December 29, 2022

Faraday Future (NASDAQ: FFIE) ("FF" or “the Company”), a California-based global shared intelligent electric mobility ecosystem company, today announced that FF Global CEO Xuefeng (“XF”) Chen and Ms. Ke Sun have been appointed to FF’s Board of Directors, effective December 27, 2022.

Key Points:

Faraday Future (NASDAQ: FFIE) ("FF" or “the Company”), a California-based global shared intelligent electric mobility ecosystem company, today announced that FF Global CEO Xuefeng (“XF”) Chen and Ms. Ke Sun have been appointed to FF’s Board of Directors, effective December 27, 2022.
Mr. XF Chen and Ms. Ke Sun fill the vacancies on the Board due to the resignations of Dr. Carsten Breitfeld and Mr. Edwin Goh, who both stepped down from the Board effective as of December 26, 2022.
View the full release here: https://www.businesswire.com/news/home/20221229005298/en/
Ms. Ke Sun appointed to Faraday Future's Board of Directors.
Ms. Sun also served as the Secretary of the board of directors of BAIC Motor from September 2016 to September 2017.

FF Global Partners LLC, Founding Shareholder and a Partnership of Former and Current Key Faraday Future Executives, Nominated Ke Sun to the Faraday Future Board as an Independent Director

Retrieved on:

Thursday, December 29, 2022

Ms. Ke Sun served as the Chief Financial Officer of Yudo New Energy Auto, an electric vehicle OEM in Fujian Province, China.

Key Points:

Ms. Ke Sun served as the Chief Financial Officer of Yudo New Energy Auto, an electric vehicle OEM in Fujian Province, China.
From September 2017 to May 2019, Ms. Sun served as an independent financial adviser and assisted in the fundraising efforts of HoloMatic Technology Ltd.
Before joining BAIC Motor, Ms. Sun worked on the strategic investment team at a Chinese internet company and a global media group.
Ms. Sun Serves on the FF board of directors based on her professional knowledge of large corporation board governance, finance & investment and her extensive background in the auto industry.

Jointly Released by Tricor and JunHe, 'Foreign Private Equity Funds in China - Guide to Market Entry and Operations 2022' Provides an Introduction to PE funds in China

Retrieved on:

Thursday, November 24, 2022

Our purpose is to interpret the development of foreign PE funds and relevant regulatory provisions in China, and provide suggestions for establishment and operations.

Key Points:

Our purpose is to interpret the development of foreign PE funds and relevant regulatory provisions in China, and provide suggestions for establishment and operations.
In terms of the number of managers and the scale of funds, PE investment funds play an important role.
As of the first half of the 2022, the number of foreign PE funds totaled 801, including 259 JVs.
The target amount of funds totaled USD 313.95 billion, and the target amount of JV PE funds totaled USD 83.07 billion.

Connected Transactions Involving Subscription by Vivo Suzhou Fund and Centerlab for TOT BIOPHARM Shares

Retrieved on:

Thursday, June 2, 2022

HK) announced that the company entered into a Share Subscription Agreement with VIVO Suzhou Fund and Centerlab.

Key Points:

HK) announced that the company entered into a Share Subscription Agreement with VIVO Suzhou Fund and Centerlab.
Vivo VIII Funds, which are also funds managed by Vivo Capital LLC, have been shareholders of the Company since December 2015.
It invests in both public and private healthcare companies through funds managed by it or its affiliate, including Vivo Suzhou Fund and Vivo VIII Funds, among others.
Centerlab was incorporated in Taiwan in 1959 and its shares were listed on the Taipei Exchange in 2003 (stock code: 4123).

Connected Transactions Involving Subscription by Vivo Suzhou Fund and Centerlab for TOP BIOPHARM Shares

Retrieved on:

Wednesday, June 1, 2022

HK) announced that the company entered into a Share Subscription Agreement with VIVO Suzhou Fund and Centerlab.

Key Points:

HK) announced that the company entered into a Share Subscription Agreement with VIVO Suzhou Fund and Centerlab.
Vivo VIII Funds, which are also funds managed by Vivo Capital LLC, have been shareholders of the Company since December 2015.
It invests in both public and private healthcare companies through funds managed by it or its affiliate, including Vivo Suzhou Fund and Vivo VIII Funds, among others.
Centerlab was incorporated in Taiwan in 1959 and its shares were listed on the Taipei Exchange in 2003 (stock code: 4123).

HTSC posts highest-ever annual revenue and profit

Retrieved on:

Thursday, March 31, 2022

HTSC weathered these winds by evolving from a traditional intermediary to a global financial services provider with a comprehensive arsenal of digital tools.

Key Points:

HTSC weathered these winds by evolving from a traditional intermediary to a global financial services provider with a comprehensive arsenal of digital tools.
Profit for the year attributable to shareholders was RMB 13.35 billion, exhibiting a year-on-year increase of 23.32%, primarily due to growing market share and enhanced profitability.
HTSC's wealth management segment reported an annual revenue growth of 34.31% to RMB 26.16 billion year-on-year, accounting for 50.38% of the Company's total.
HTSC's institutional services segment continued to thrive in the second half of 2021, with annual revenue growing 18.72% to RMB 12.50 billion year-on-year, accounting for 24.06% of the Company's total.

Jointly Released by Tricor China and the Tsinghua University PBC School of Finance (Tsinghua PBCSF), 'China Hedge Fund Report 2022' Provides an Introduction to Hedge Funds in China

Retrieved on:

Wednesday, March 23, 2022

China Hedge Fund Report 2022 combines Tricors many years of experience serving private fund managers and funds in China with in-depth industry research and insights from PBC School of Finance, Tsinghua University.

Key Points:

China Hedge Fund Report 2022 combines Tricors many years of experience serving private fund managers and funds in China with in-depth industry research and insights from PBC School of Finance, Tsinghua University.
The number and scale of private equity investment fund offerings in China have soared in recent years.
Chinese regulators have introduced detailed requirements for foreign investors to set up private fund management companies in China.
Tricor has had a rapid expansion through organic growth and development as well as partnerships, mergers and acquisitions.

Bin Yuan Capital Becomes First Signatory of Net Zero Asset Manager Initiative in China

Retrieved on:

Thursday, November 18, 2021

Bin Yuan Capital has fully incorporated ESG factors across its investment portfolios since it was formed by the ex-GE Asset Management Team in China in 2012.

Key Points:

Bin Yuan Capital has fully incorporated ESG factors across its investment portfolios since it was formed by the ex-GE Asset Management Team in China in 2012.
As a Climate Action 100+ investor, Bin Yuan Capital is responsible for direct engagements with focus companies, individually and collaboratively.
Bin Yuan Capital is an asset management company specialised in investing in Chinese public listed equities.
In the same year, Bin Yuan was recognised as the Asset Manager under Asset Management Association of China ("AMAC") in August.

HTSC Posts Record First-half Turnover and Profit in 2021

Retrieved on:

Friday, August 27, 2021

HONG KONG, Aug 27, 2021 - (ACN Newswire) - HTSC (stock code: 6886.HK; "the Company") announced its interim results for the six months ended June 30, 2021.

Key Points:

HONG KONG, Aug 27, 2021 - (ACN Newswire) - HTSC (stock code: 6886.HK; "the Company") announced its interim results for the six months ended June 30, 2021.
Profit for the period attributable to shareholders increased 21.32% to RMB 7.77 billion.
As of June 30, 2021, the total number of clients reached 18.92 million, with total assets of client accounts exceeding RMB 5.2 trillion.
In the first half of 2021, sales of financial products grew steadily, amounting to RMB 365.44 billion.