HONG KONG, CHINA--(Marketwired - Mar 14, 2017) - Manulife (HKSE: 945) today announces that it has been granted an Investment Company Wholly Foreign-Owned Enterprise (WFOE) license. The new company, known as Manulife Investment (Shanghai) Limited Company, is the first financial institution to receive the Investment Company WFOE license. This approval paves the way for Manulife to provide its global public market and private assets solutions in the fast-growing asset management industry in China.