JPMorgan Chase & Co. (NYSE:JPM) acquired an additional 20% stake in J.P. Morgan Securities (China) Company Limited from Shanghai Waigaoqiao Free Trade Zone Group Co., Ltd. (SHSE:900912) for approximately CNY 180 million on October 23, 2020. Post completion, JPMorgan Chase stake increased to 71% in J.P. Morgan Securities (China).

JPMorgan Chase & Co. (NYSE:JPM) completed the acquisition of an additional 20% stake in J.P. Morgan Securities (China) Company Limited from Shanghai Waigaoqiao Free Trade Zone Group Co., Ltd. (SHSE:900912) for approximately CNY 180 million on October 23, 2020.