Goldman Sachs Gets Regulatory Approval for Fund Sales in China
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Goldman Sachs has received regulatory approval from the Beijing Bureau of China Securities Regulatory Commission to sell funds in China. This marks a significant step for the company in expanding its presence in the Chinese market.
December 16, 2024 | 7:30 pm
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Goldman Sachs has obtained a license from the Beijing Bureau of China Securities Regulatory Commission to sell funds in China, enhancing its market presence.
The regulatory approval allows Goldman Sachs to expand its operations in China, a significant growth market. This could lead to increased revenues and market share, positively impacting its stock price.
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