T. Rowe Price opens investment office in Shanghai
![T. Rowe Price](https://s32566.pcdn.co/wp-content/uploads/2021/03/T.RowePricelobby-951x634.jpg.optimal.jpg)
The office in the free-trade zone will serve as a home base for analysts covering China.
T. Rowe Price Group has opened an investment research office in Shanghai, following the establishment of a wholly foreign-owned enterprise in China.
The office is in Shanghai’s free-trade zone and is intended to “expand and deepen T. Rowe Price’s research coverage of China’s rapidly growing investment universe,” the company said in a release.
The company already has an office in Hong Kong and says it has invested $4.8 billion in securities listed in Mainland China and $36.9 billion in Chinese securities listed on offshore exchanges.
[More: Wells Fargo Asset Management sold to private equity for $2.1 billion]
Learn more about reprints and licensing for this article.