Article: AIG, HUATAI APPROVED TO LAUNCH FUND MANAGEMENT JV IN CHINA.

BEIJING, July 19 Asia Pulse - AIG-Huatai Fund Management Co., Ltd., a joint venture of Huatai Securities, a subsidiary of AIG and several other partners, has been approved by the China Securities Regulatory Commission (CSRC) to prepare for establishment.

The joint venture is registered in Shanghai with a registered capital of 100 million yuan (US$12.1 million).

AIG's subsidiary AIGGIC and Huatai Securities Co., Ltd. respectively hold a 33 per cent stake in the joint ...

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