{"id":88411,"date":"2024-01-26T00:00:00","date_gmt":"2024-01-26T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/chinese-asset-managers-seek-dubai-licenses\/"},"modified":"2024-01-26T00:00:00","modified_gmt":"2024-01-26T00:00:00","slug":"chinese-asset-managers-seek-dubai-licenses","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/uae\/2024\/01\/26\/chinese-asset-managers-seek-dubai-licenses\/","title":{"rendered":"Chinese asset managers seek Dubai licenses"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>More Chinese asset managers are applying for operational licenses in Dubai <\/strong>as China-US tensions continue to brew and China\u2019s ties warm with the Middle East , <a target=\"_blank\" href=\"https:\/\/www.dfsa.ae\/\" style=\"\" rel=\"noopener\">Dubai Financial Services Authority (DFSA)<\/a> CEO Ian Johnston told <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/finance\/dubai-sees-rising-appetite-chinese-asset-managers-regulator-chief-2024-01-25\/\" style=\"\" rel=\"noopener\">Reuters<\/a>. The DFSA, previously dominated by interest from China\u2019s big commercial banks, is also seeing more wealth managers and family offices from Hong Kong and Singapore set up offices in the emirate, while Dubai and Chinese bourses are also looking at partnering on exchange-traded funds (ETF) and index products, Johnston told Reuters.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>This comes against the backdrop of ongoing tensions between China and the US<\/p>\n","protected":false},"author":1,"featured_media":88412,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1551],"tags":[502,284,745,7,41],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-88411","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uae-in-the-news","tag-asset-management","tag-china","tag-dubai-financial-services-authority","tag-enterpriseam-uae","tag-uae-in-the-news","wpautop","entry"],"acf":{"mongo_id":"2c46769d-5c00-4a17-be77-904a24cbfd6b","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/1\/2206.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Chinese asset managers seek Dubai licenses","related_issue":[88395],"teaser":"This comes against the backdrop of ongoing tensions between China and the US","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/1\/.db6606c9-2b83-4cc2-bee9-5df6f534e498.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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