The JPMorgan Chase logo at the company’s headquarters in New York in 2013. Photo: AP

JPMorgan poised to be first foreign company to own majority stake in China mutual fund venture

  • Firm currently owns 49 per cent of China International Fund Management and could snap up 2 per cent stake for sale by Shanghai International Trust
  • Lack of access to China market for foreign companies is a major area of contention in US-China trade dispute
Topic |   JPMorgan Chase

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The JPMorgan Chase logo at the company’s headquarters in New York in 2013. Photo: AP
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