Zurich based global index provider Stoxx Ltd is looking out for Chinese local partners to develop financial products for the Chinese market.
While talking to Asia-first, Stoxx CEO Hartmut Graf said: "The Company hoped to join with local financial institutions to develop products targeting local consumers."
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Graf added that as part of the company’s business expansion strategy in the Chinese market, it plans to provide the local fund managers with the indices license.
Stoxx has unveiled its Chinese version, in an attempt to increase its presence in the global market by reaching the investors in one of Asia’s fast growing ETF markets, representing the brand and indices concepts of Stoxx in China.
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