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GF International Investment Gets License

GF International Investment Management has received authorization from the Hong Kong’s Securities and Futures Commission to begin advisory on securities and asset management.

GF International Investment Management has received authorization from the Hong Kong’s Securities and Futures Commission to begin advisory on securities and asset management, Asia Asset reports. The licenses follow regulatory approval from China Securities Regulatory Commission to GF Fund Management to establish its Hong Kong subsidiary with a registered capital of $15.4 million in September 2010.

GF International Investment Management is a division of GF Fund Management. It manages assets worth $16.4 billion.

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