Press Release
Demonstrating its commitment to excellence by supporting Asia’s most prestigious tennis tournament
Shanghai, October 3, 2023– J.P. Morgan is proud to continue as the Diamond Sponsor of the 2023 Rolex Shanghai Masters as it officially resumes in Shanghai. This prestigious tournament is Asia’s only ATP Masters 1000 tournament, which J.P. Morgan has been supporting since 2018. This year, the championships will be played once again at the iconic QiZhong Tennis Centre between October 2 and October 15.
“J.P. Morgan is excited to continue our Diamond Sponsorship at this award-winning ATP tournament, as we welcome it back to Shanghai after a three-year absence. Through our sponsorship, we are very proud to be able to support the very best in tennis and promote the excellence that it represents around the world. We are looking forward to two action packed weeks with some of the best players on the planet,” said Filippo Gori, Asia Pacific CEO, J.P. Morgan.
Mark Leung, China CEO, J.P. Morgan, said: “The Rolex Shanghai Masters is one of the world’s most exciting sporting competitions. I believe that our continued sponsorship is a strong testament to the firm’s commitment to our clients, our employees and local communities.”
“For over 100 years, we’ve been helping companies, communities and institutions in China and those coming into China reach their goals. We are proud to have a full spectrum of operational businesses on the ground from investment and corporate banking, payments, markets, securities services, commercial banking and asset management, and we will continue to support our domestic Chinese and international clients here,” said Leung.
Earlier this year, J.P. Morgan Asset Management (JPMAM) received regulatory approval for 100% ownership of China International Fund Management Co., Ltd., which has been operating under the JPMAM brand in China thereafter. With the completion of the latest pieces of its onshore buildout, J.P. Morgan offers scale and completeness to its clients through four fully-owned major legal entities in China – a locally incorporated bank, a securities company, a futures company and an asset manager.
With regards to J.P. Morgan’s continued support for the Rolex Shanghai Masters, Tournament Director Michael Luevano said: “We are very honored and excited to continue our relationship with J.P. Morgan, one of the world's greatest financial institutions. Both the tournament and J.P. Morgan share the same commitment to excellence and we value their long term vision for the Rolex Shanghai Masters.”
About J.P. Morgan JPMorgan
Chase & Co. (NYSE: JPM) is a leading financial services firm based in the United States of America (“U.S.”), with operations worldwide. The Firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing and asset management. Under the J.P. Morgan and Chase brands, the Firm serves millions of customers in the U.S., and many of the world’s most prominent corporate, institutional and government clients globally.
About J.P. Morgan in China
J.P. Morgan has been doing business in China since 1921. J.P. Morgan’s integrated services include investment and corporate banking, payments, markets, sales and research, securities services, commercial banking and asset management. Today, the firm serves Chinese and international corporations, financial institutions and government agencies through our network across China.