THE Jardine Fleming group has reinforced its plans to remain anchored in Hong Kong in the wake of the Jardine group delistings.
Managing director Henry Strutt said the de-listings would not have any effect on Jardine Fleming, the territory's first merchant bank and the founding player in Hong Kong's unit trust industry.
Jardine Fleming is 50 per cent owned by Jardine Matheson.
'Jardine Matheson is one of our shareholders but we have different views to them on the future of political developments in Hong Kong and in China,' Mr Strutt said.
'Hong Kong will remain our regional headquarters and there are no circumstances under which we would want to change that.' In March this year, Jardine Matheson and associate Jardine Strategic announced they would de-list from the Hong Kong stock market by December 31 this year and move their trading base to Singapore after failing to win an exemption from the territory's takeover code.
Three other listed Jardine companies - Hongkong Land, Dairy Farm and Mandarin Oriental - announced in August they would follow suit.
Although no formal policies will be introduced to counter any confusion between Jardine Fleming and Jardine Matheson, Mr Strutt said the company's independent status would be reinforced in future dealings.