The China Securities Regulatory Commission has approved UBS Group to become a shareholder of ICBC Credit Suisse Fund, holding a 20% stake.

Breakings · Feb 8 20:29

On the evening of February 8, the China Securities Regulatory Commission issued a notice regarding the approval of changes to shareholders holding more than 5% of ICBC Credit Suisse Fund Management Co., Ltd., confirming that UBS Group (UBS AG) has been approved as a shareholder holding more than 5% of ICBC Credit Suisse Fund. There is no objection to UBS legally undertaking a capital contribution of 40 million yuan (accounting for 20% of the registered capital).

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证监会核准瑞士银行成为工银瑞信基金股东，持股比例20%

The China Securities Regulatory Commission has approved UBS Group to become a shareholder of ICBC Credit Suisse Fund, holding a 20% stake.

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