Chinese financial institution GF Securities has become a minority shareholder in Hong Kong fund manager Value Partners.
GF Holdings, a wholly-owned subsidiary of GF Securities has purchased a 20.20% stake in Value Partners from two of its unnamed former shareholders.
According to GF Hong Kong’s chief executive Charles Lin, the deal will “sharpen our competitive edges in wealth and asset management”.
It is also in line with the firm’s global expansion plans, said Lin.
For Value Partners, the deal will increase its reach to investors in mainland China, especially the Greater Bay area, and also strengthen its investment capabilities across different asset classes in China, according to Dato’ Seri Cheah Cheng Hye, co-chairman and co-chief investment officer at Value Partners.
No financial details of the transaction were disclosed.
© 2023 funds global asia 
At times like these, HSBC Asset Management easily pivots towards emerging markets.
The spotlight on growth markets and the need to be nimble and dynamic is ever-sharper, given the difficulty in predicting monetary policy in the world’s major nations.
A comprehensive, cost-effective, and transparent currency overlay hedging solution is crucial to mitigate FX exposure risks in the complex landscapes of Japan and China's FX markets, explains Hans Jacob Feder, PhD, global head of FX services at MUFG Investor Services.
Ross Dilkes, fixed income portfolio manager at Wellington Management, examines the opportunities and risks for bond investors presented by the region’s decarbonisation agenda.
Shareholders in Japan no longer accept below-par corporate governance standards. Changes are taking place, but there are still areas for improvement, says Tetsuro Takase at SuMi Trust.
Robert St Clair, head of investment strategy at Fullerton Fund Management, explores the reasons investors should be paying attention to the rising demand for healthcare in China.
China's internet market presents one of the most compelling long-term growth potentials for investors today, given the catalysts supporting the sector from both macro and fundamental perspectives, explains Dr Xiaolin Chen, head of international, KraneShares.
