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flag UK's Abrdn in talks to form a joint venture in China with Citic Bank’s wealth management unit.

flag UK asset manager Abrdn is reportedly in advanced talks to form a joint venture in China with Citic Bank’s wealth management arm. flag This strategic move aims to enhance Abrdn's presence in China, the world's second-largest economy. flag While details are not yet confirmed, insiders suggest Abrdn will hold a majority stake in the venture, targeting the rapidly growing Chinese asset management market.

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