The management company “Pervaya” will be able to carry out transactions with futures and securities in China, for which the management company has received the corresponding license, the company said in a statement.
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Pervaya Management Company received qualified foreign institutional investor status from the China Securities Regulatory Commission. This status gives the company the right to carry out transactions in futures and securities, open accounts with depositories and brokers in China.
Thus, the management company “Pervaya” gained access to trading on the stock exchanges of Shanghai, Beijing and Shenzhen.
According to Pervaya CEO Andrey Bershadsky, the company now also works through the counterparty chain and develops its analytical direction.
Bershadsiy also indicated that the company continues to increase its presence in international markets. The focus is on retail, cloud technologies and new types of energy.
Currently, the St. Petersburg Stock Exchange and Ingosstrakh-Investments have the status of qualified foreign investor in China among Russian organizations.
Author:
Natalia Gormaleva
Source: RB

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