Big news in the world of finance! Abrdn, a big UK company that manages money, is talking about teaming up with a Chinese bank called Citic Bank. They want to create a new company together to help people invest their money in China. This is exciting because it shows that business between the UK and China is improving.
- Abrdn is a UK company that manages investments.
- Citic Bank is a large Chinese bank.
- They're planning a new company together in China.
| Fact | Number |
|---|---|
| Citic Wealth's assets | $275 billion |
| Abrdn's expected stake | Majority |
