European Fund Company Lands in Shanghai

The Photone Fund Management Co,. Ltd, a fund company under Photone Group and one of the biggest of its kind in Europe, opened its Shanghai office lately. It is the first specialized fund company approved by China Securities Regulatory Commission to set up a representative office in China.

The opening of the Shanghai office will facilitate exchanges with Chinese counterparts and help them participate in international market competition, said the company. As the biggest institutional investor on European stock and debt markets, Photone is considering more investments in China.



By PD Online Staff Member Li Heng


People's Daily Online --- http://english.peopledaily.com.cn/