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BlackRock Fund makes another move to "increase investment" in the Chinese market.

Tianyancha shows that BlackRock Fund will soon increase its registered capital from1 billion to 1.25 billion, a 25% increaseIt is understood that this is BlackRock FundThe fourth capital increase since its establishment。

• In May 2022, its registered capital changed from 300 million yuan to 500 million yuan, an increase of 66.67%.
• In November 2022, it changed from 500 million yuan to 700 million yuan, an increase of 40%.
• In July 2023, it changed from 700 million yuan to 1 billion yuan, an increase of 42.86%.

It is reported that BlackRock Fund was established on September 10, 2020. It is a wholly foreign-owned public fund management company, 100% controlled by BlackRock Financial Management. At present, its fund management scale is 4.037 billion yuan.

It is worth noting thatFidelity, Neuberger Berman and AllianceBernsteinWe also chose to increase capital this year.

• In February, Fidelity Funds increased its registered capital from US$130 million to US$160 million, an increase of 23.08%.
• In March, Robeco Berman Fund increased its registered capital from 300 million yuan to 420 million yuan, a 40% increase.
• In May, AllianceBernstein increased its registered capital from 200 million yuan to 300 million yuan, a 50% increase.

In recent years, policies to expand financial opening-up have been continuously implemented. On March 15 this year, the China Securities Regulatory Commission issued the "Opinions on Strengthening the Supervision of Securities Companies and Public Funds to Accelerate the Construction of First-Class Investment Banks and Investment Institutions (Trial)", which mentioned supporting qualified foreign institutions to set up institutions in China and orderly promote cross-border interconnection business pilots such as "Fund Mutual Recognition", "ETF Mutual Listing" and "Cross-border Wealth Management Connect". On March 19, the General Office of the State Council proposed a number of measures to "attract and utilize foreign capital with greater efforts", including expanding the scope of foreign financial institutions' participation in the domestic bond market business and deepening the implementation of the domestic investment pilot of qualified foreign limited partners.