In a strategic move reflecting global investment shifts, China has officially approved the Qatar Investment Authority’s (QIA) acquisition of a 10% stake in ChinaAMC, the country’s second-largest asset manager.
This transaction marks the first significant Middle Eastern investment in China’s asset management sector, amid rising economic tensions with the West.
According to a document issued by the China Securities Regulatory Commission (CSRC), QIA is now formally recognized as a shareholder in ChinaAMC. Although the exact transaction value remains undisclosed, prior filings from the company’s major shareholder revealed that the 10% stake is worth no less than $490 million.
With this acquisition, QIA becomes the third-largest shareholder in ChinaAMC, a firm managing over ¥1.8 trillion ($250 billion USD) in assets across mutual funds and ETFs for both institutional and retail investors in China.
The deal underscores deepening economic cooperation between China and the Gulf region, and signals a growing pivot away from Western financial alliances toward Asian strategic partnerships, as Qatar expands its global investment footprint.
