JPMorgan Chase’s building in Hong Kong. The American bank has become the first foreign lender to receive approval to take full control of its Chinese securities joint venture as Beijing further opens its financial sector. Photo: Nora Tam JPMorgan Chase’s building in Hong Kong. The American bank has become the first foreign lender to receive approval to take full control of its Chinese securities joint venture as Beijing further opens its financial sector. Photo: Nora Tam
JPMorgan Chase’s building in Hong Kong. The American bank has become the first foreign lender to receive approval to take full control of its Chinese securities joint venture as Beijing further opens its financial sector. Photo: Nora Tam

JPMorgan, Fidelity win approvals as China further opens up domestic markets

  • Approvals come as regulatory crackdown on tech sector has unnerved some investors
  • JPMorgan first foreign lender to win approval for taking full control of securities joint venture

Topic |   Banking & Finance
JPMorgan Chase’s building in Hong Kong. The American bank has become the first foreign lender to receive approval to take full control of its Chinese securities joint venture as Beijing further opens its financial sector. Photo: Nora Tam JPMorgan Chase’s building in Hong Kong. The American bank has become the first foreign lender to receive approval to take full control of its Chinese securities joint venture as Beijing further opens its financial sector. Photo: Nora Tam
JPMorgan Chase’s building in Hong Kong. The American bank has become the first foreign lender to receive approval to take full control of its Chinese securities joint venture as Beijing further opens its financial sector. Photo: Nora Tam
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