Financials Dec 04, 2021 09:09 PM (GMT+8)
Cailian, December 4 (Xinhua) -- with the opening of China's capital market to the outside world and pressing the "acceleration key", the entry of foreign public offering into China also shows "acceleration". In June this year, the opening ceremony of China's first wholly foreign-owned public BlackRock fund was held. In August, Fidelity Fund Management (China) Co., Ltd. was approved to be established. In September, luberman fund management (China) Co., Ltd. was approved to be established by the regulatory authorities. In the same month, BlackRock China new vision, the first public fund product of BlackRock fund, was officially established, with an initial offering scale of nearly 6.7 billion yuan and a total subscription of more than 110000 households. In November, BlackRock fund submitted its second public fund product, BlackRock Hong Kong stock connect vision. On December 1, BlackRock China new vision opened its subscription for the first time.
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