
GaoTeng Global Asset Management Ltd., founded by Chinese internet giant Tencent Holdings Ltd and investment management firm Hillhouse Capital Management Ltd., is planning to start accepting money shortly from retail Chinese investors who have existing assets internationally. The Hong Kong-based joint venture has obtained asset management and securities advisory licenses from Hong Kong’s Securities and Futures Commission. Its upcoming first product, a fixed-income fund, will be open to individual investors in the city, according to company’s emailed statement. The statement, …
Tencent, Hillhouse Team Up To Aim China’s Offshore Trillions appeared first on China Money Network.