Source: Hedge Funds Review | 26 Oct 2009
Categories: Operations
Topics: Hong Kong, Jersey, Channel Islands, Jersey Finance, China
Jersey Finance has opened an office in Hong Kong. The presence of the Channel Islands promoter is to emphasise in the Asia Pacific region Jersey’s positions as an international financial centre.
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The Hong Kong office will act as the base for Jersey Finance’s operations. One of its main aims is to develop contacts with leading financial intermediaries, regulators and government officials in Hong Kong and mainland China.
Zhaoan Li, who has worked at Investment Bank, Commerzbank and Bank of Boston in London, Hong Kong and Shanghai, will head the office.
Jersey’s finance industry provides comprehensive corporate listings and debt issuance services in the region. Over 25% of the 60 Chinese companies listed on AIM are incorporated in Jersey and there are 86 businesses using Jersey companies for listing purposes on worldwide stock exchanges, representing a combined market capitalisation of over £16 billion.
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