China's Ant Financial, Vanguard form Shanghai-based venture - govt records [Reuters]
Vanguard Short-Term Treasury ETF (VGSH)
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Source: Reuters
China's Ant Financial, Vanguard form Shanghai-based venture - govt records - Reuters 2 Min Read SHANGHAI, June 10 (Reuters) - Chinese fintech company Ant Financial Services has formed a joint venture with a Shanghai unit of U.S.-based asset management firm The Vanguard Group, government records showed. The venture marks a high-profile partnership of Jack Ma-controlled Ant Financial with an overseas asset management company. The online national registry for businesses listed an entity under the Vanguard name, with registered capital of 20 million yuan ($2.88 million) and Huang Hao as its legal representative. Huang is one of Ant Financial’s top leaders. While details are scarce, the equity joint venture will likely entail Ant Financial offering some of Vanguard’s services to Chinese consumers, said Peter Alexander, managing director, Z-Ben Advisors. “Even though no one knows specifically what they’re going to do, I think it stands to reason that Vanguard will bring their expertise in r
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VGSH
Sec Filings
- 8/29/24 - Form N-PX
- 8/29/24 - Form N-PX
- 8/29/24 - Form N-PX
- VGSH's page on the SEC website