Shanghai Hedge Fund Park Shows Good Momentum

By Xin Yan

Since its official appearance in Hongkou on October 18, the Shanghai Hedge Fund Park has been showing great momentum. So far 30 hedge fund companies have registered or are going through certain procedures, and the corporate advisory capacity has been rising.

As China’s first professional functional gathering place of hedge funds, Shanghai Hedge Fund Park aims at providing comprehensive, professional and efficient service for registered companies. The park plans to build a financial eco-system consisting of banks, brokerages, fund companies, financial data service providers and third-party sales organizations, so as to effectively lower the operating costs of registered enterprises and create a favorable environment for the operation and development of hedge fund business.

It is learned that from next year, Hongkou will establish the park website and expand the park so as to promote its development and turn it into a dedicated and fine hedge fund park.