China Life Asset Management Company Limited has teamed up with Shanghai-listed software company Hundsun Technologies to launch a new fintech innovation laboratory.
Hundsun Technologies said to STCN.com on 10 August that the joint fintech lab established with China Life Asset Management would be the first in the country focus on the asset management sector.
Hundsun is a financial software and network services provider first established in Hangzhou in 1995. It listed on the Shanghai Stock Exchange in 2003, and in 2019 ranked 43rd on the global FINTECH 100 list.
China Life Asset Management is an asset management company first founded in November 2003 by China Life Insurance (Group) Company and China Life Insurance Company Limited.
The company is China’s largest asset manager, with over 3 trillion yuan in assets under management.