The global asset manager is stepping up its presence in the country as authorities open up the industry to foreign firms such as BlackRock and Fidelity

Advances in digitalization, AI and machine learning, autonomous vehicles and virtual reality could be key growth drivers for the industry, while region’s tech exporters remain vital to the world

Competition in country’s $15.2 trillion asset management market is heating up

The market's 20-plus foreign firms manage just 0.2% of hedge fund assets