China hedge fund eyes global expansion with HK office
Rosefinch Investment, one of China's top 10 private fund companies, has established its first offshore office in Hong Kong. The move has highlighted the city's lengthy registration waiting times compared to Singapore.
Shanghai-based Rosefinch Investment is preparing for expansion just days after receiving its asset management licence for its new Hong Kong office.
The private securities fund company – China’s equivalent of a hedge fund – plans to roll-out products to foreign investors over the coming months.
It comes despite a tough registration process for mainland Chinese hedge funds looking to set up a Hong Kong operation, the lengthy waiting time for which has been compared unfavourably to…
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