Allianz SE to sell CPIC Fund Management stake to Guotai Junan Securities

Allianz SE to sell CPIC Fund Management stake to Guotai Junan Securities

Allianz SE has officially declared the sale of its substantial 49% stake in the well-established CPIC Fund Management Co., Ltd. This significant transaction will see Guotai Junan Securities Co., Ltd., a major player in the securities sector, acquiring the stake. The move is awaiting the green light from the CSRC (China Securities Regulatory Commission) and […]