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BlackRock expands China footprint with wealth management licence

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BlackRock Inc has received a licence in China for a majority-owned wealth management venture, expanding its footprint in the country's fast-growing asset management market. The U.S. fund giant said on Wednesday its wealth management venture with a unit of China Construction Bank Corp (CCB) (601939.SS), and Singapore state investor Temasek…

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Click here to read the full story: Reuters

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