Financial enterprises dig in, in Hengqin

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As at the end of June, some 5,189 financial enterprises had established themselves in neighbouring Hengqin, with registered capital reaching RMB639 billion (MOP757.20 billion/US$94.10 billion) – of which 5,122 were emerging financial companies, with 3,809 investment-related companies, 873 asset management enterprises, 185 financial leasing companies and 110 companies providing financial services, according to official data gathered by the Asset Management Association of China. Moreover, 24 institutions were engaged in banking and payment systems, 11 in securities and financial futures institutions, and 32 were insurance companies. In June, 286 financial enterprises set up shop in Hengqin, 220 of which were engaged in investment.