Standard Chartered China becomes the first foreign bank to custody public QDII funds

People’s Financial News, March 12 — Standard Chartered Bank (China) Limited (“Standard Chartered China”) announced today that it will provide custody services for the Guotai Haitong Hong Kong Stock Advantage Select Equity-Linked Securities Investment Fund issued to Shanghai Guotai Haitong Securities Asset Management Co., Ltd. (“Guotai Haitong Asset Management”). Standard Chartered China has thus become the first foreign bank to custody public QDII funds and initiated funds.

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