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BRIEF-China's CICC to acquire majority stake in U.S. asset management firm KraneShares
July 10, 2017 / 12:52 PM / 5 months ago

BRIEF-China's CICC to acquire majority stake in U.S. asset management firm KraneShares

July 10 (Reuters) - China International Capital Corp Ltd Krane Funds Advisors LLC

* CICC to acquire majority stake in KraneShares - joint statement

* say strategic acquisition CICC’s extensive global research, investment and wealth management platforms with KraneShares’ ETF expertise

Further company coverage: (Reporting by Hong Kong newsroom)

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