Press Release
Promoting the pursuit of excellence and resilience as enthusiasm for the sport grows
Shanghai, September 26, 2024 - J.P. Morgan is excited to announce its continued support as the Diamond Sponsor of the 2024 Rolex Shanghai Masters, scheduled to take place from September 30 to October 13. Now in its 13th edition, the Rolex Shanghai Masters stands as Asia’s premier ATP Masters 1000 tournament, drawing some of the world's top tennis talent and ranking among the world's most prestigious tennis events.
“China’s recent Olympic medal success in tennis has reignited a nationwide passion for the sport. Since 2018, J.P. Morgan has proudly supported this tournament, and we are thrilled to continue our Diamond Sponsorship this year. The Rolex Shanghai Masters represents the pursuit of excellence and resilience, values we are eager to promote within the communities where we live and work. We look forward to experiencing the excitement of this competition as the country’s enthusiasm for the sport continues to grow,” said Rita Chan, Co-SCO for China, J.P. Morgan.
“As the highlight of the Asian Swing, the Rolex Shanghai Masters attracts the world’s elite players as well as a diverse fan base from both China and internationally. Our ongoing sponsorship underscores J.P. Morgan’s over century-long commitment to our clients, employees, and local communities,” added Alan Ho, Co-SCO for China, J.P. Morgan. “With our onshore platform, diverse talent pool, and global connectivity, we are well-positioned to help multinational companies expand their presence in China and support local Chinese enterprises in achieving their international ambitions.”
J.P. Morgan’s presence in China has developed alongside the country’s financial market liberalization. In recent years, the firm has achieved 100% ownership of its four major legal entities in China: a locally incorporated bank, a securities firm, a futures company, and an asset management arm.
Regarding J.P. Morgan’s ongoing support for the Rolex Shanghai Masters, Tournament Director Michael Luevano commented: "We are very grateful to have J.P. Morgan once again as our Diamond Partner. Both of our brands share a similar commitment to providing excellent services to our fans and shareholders.”