Global Markets
UBS (UBS SG) says its China fund distribution unit in Shenzhen will cease fund sales business from end of September, but adds other wealth management platforms in China are operating businesses as usual
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UBS will cease Shenzhen fund sales from late September 2026, keep other China platforms running normally, integrate domestic resources, and pursue growth in the Greater Bay Area.
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Says: Will integrate its wealth management businesses and resources in China. China's Greater Bay Area remains its key growth region and it is exploring opportunities to further strengthen its wealth management presence in the Greater Bay Area.
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