Shanghai set to be financial hub for yuan-denominated assets


An aerial view of Shanghai. -Photo/Xinhua

SHANGHAI, Jan 26 (China Daily/ANN): Although it is still uncertain as to how long COVID-19 will ravage humanity and wreak havoc on markets worldwide, indications point to Shanghai increasingly becoming a global business hub, and these views are supported by the many job ads posted shortly after the new year began.

Public information from online recruitment platform Glassdoor shows major asset management company BlackRock has announced many vacancies for its Shanghai operations since the beginning of the year, including openings for a vice-president with an annual remuneration of at least $133,000.Likewise, New York-based hedge fund Two Sigma and multinational investment company Fidelity International are looking for professionals in areas including compliance, trading and distribution in Shanghai.

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Shanghai , global business hub , job

Next In Aseanplus News

Senior US and Chinese defence officials meet as ‘military-to-military’ dialogue continues
From the biggest football show to conquering the Moon: Five things to keep an eye on in 2026
Stranded China tourist in Japan invited to stay overnight sends 300 masks to host during Covid
Fallen firefighter honoured in funeral procession as Hongkongers gather to pay tribute
Cricket-Gill dropped, Kishan back for India's T20 World Cup title defence
TikTok reaches deal on new US venture with American investor group
Cricket-Australia have shown why they were Ashes favourites, says England's Crawley
EU commits over 1 million euros to bolster Lao women’s role in agriculture
China envoy visits Cambodia seeking to de-escalate fighting with Thailand
Teen arrested for suspected armed robbery with karambit knife in Singapore's Jurong West

Others Also Read