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Mumbai, May 28 Reliance Money, the financial distribution arm of Reliance Capital, plans to offer financial services to retail investors in Hong Kong and China.

The company has tied up with a Hong Kong-based broking firm Goldride Securities Ltd for distribution of its financial products and services in the region and for launching portfolio management services in Hong Kong and China.

“This partnership will allow Reliance Money to offer its cost-effective services to large number of NRIs and PIOs in these geographies,” said a press release.

The portfolio management services will be at a cost of $50,000 at the threshold level.

Reliance Money will offer broking and mutual fund services, as well as a free mobile portal and an interactive chat facility for its customers in Hong Kong and China.

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