Shanghai Aims for RMB 55T in AUM by 2030, Expanding Gold Market Influence

Published: Jun 3, 2026 09:45

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[SMM Precious Metal Express] Shanghai issued guidelines to deepen the development of its global asset management center, targeting RMB 55 trillion in AUM by 2030, accounting for one-third of the national total. The guidelines also aim to steadily expand institutional opening of the gold market, enhancing Shanghai's influence and pricing power in the international precious metals market.

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