MOU on venture
HANG Seng Securities Ltd, a subsidiary of Hang Seng Bank, signed a memorandum of understanding yesterday with Guangzhou Securities Co to set up a joint venture securities investment advisory company.
The joint venture, Guangzhou GuangZheng Hang Seng Securities Investment Advisory Co, marks the first application to set up a joint venture securities investment advisory company in Guangdong Province under the Supplement VI to the Chinese mainland and Hong Kong Closer Economic Partnership Arrangement.
The joint venture, Guangzhou GuangZheng Hang Seng Securities Investment Advisory Co, marks the first application to set up a joint venture securities investment advisory company in Guangdong Province under the Supplement VI to the Chinese mainland and Hong Kong Closer Economic Partnership Arrangement.
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