1964, UBS opened an office in Hong Kong. 1985, began to carry out corporate financing business in the mainland.

In 2003, UBS was approved by China Securities Regulatory Commission and qualified as a QFII.

In August, 2004, UBS opened its first branch in China-Beijing Branch. In February, 2005, UBS Beijing Branch was allowed to operate derivatives trading business.

In April 2005, China Securities Regulatory Commission approved UBS AG to form a joint venture fund management company-SDIC UBS Fund Management Co., Ltd. with SDIC Hongtai Trust and Investment Company controlled by China Development and Investment Corporation by purchasing 49% shares of Shenzhen Zhongrong Fund Management Co., Ltd.

In September 2005, UBS's plan to restructure Beijing Securities was approved by the State Council.

In June 2008, 5438+ 10 successfully applied for RMB business license, launched RMB bonds and repurchase transactions in March, and successfully completed the first RMB interest rate swap business in April.

The RMB business of UBS Beijing Branch includes bonds, repurchase, derivatives, money market and savings products.

Since its establishment in February 2006, the RMB interest rate swap market has developed rapidly.

UBS has offices in 50 countries, and its shares are listed on Swiss Stock Exchange, new york Stock Exchange and Tokyo Stock Exchange.