CITIC Capital Holdings Ltd, the private equity unit of state-owned CITIC Group, yesterday said it raised US$ 925 million in its second China buyout fund, CITIC Capital China Partners II.The company said the new fund will, like the previous one, focus on buyout and privatization investments in consumer products and...
Shanghai, which is situated at the entrance of Yangtze River on the coast of China and serves as a shipping center, is said to be planning a fund for the shipping industry.The fund will provide financing for shipping, ship manufacturing, ship leasing and shipping insurance, and could raise as much as RMB 5...
China's first fund for the aerospace industry was launched in Beijing Economic-Technological Development Area last week, said BDA in a press release.The fund has attracted investment of RMB 3.03 billion at the initial phase. Beijing Yizhuang International Investment Development Co and Aerospace...
China Africa Development Fund has invested nearly US$540 million in 27 projects in Africa as of today, China's Ministry of Commerce said on Tuesday. The fund, backed by China Development Bank, was launched in 2007 with an initial capital of US$1 billion. It finances Chinese firms that are already operating...
China will soon launch a new fund totaling RMB 10 billion to invest in the energy sector in the country, the China Securities Journal reported.The fund, named Shanxi Energy Industry Investment Fund, is the 1st fund that specializes in the investment in China's energy industry and has won approval from the National...
HONG KONG, Dec 18 - Investors pulled money out of money market funds and channelled it into bond funds, diversified equity funds, commodity and utilities funds in the week ending Dec. 16, fund tracker EPFR...
HONG KONG, Dec 18 - Following are the results of the five-year Exchange Fund notes auction on Friday. Issue Number 05Y1412 Issue Date Dec. 21, 2009 Maturity Date Dec. 22, 2014 Cou...
China's National Council for Social Security Fund plans to lift the limit of the ratio of overseas investments to 20 percent from the current 7 percent, according to the China Securities Journal report Thursday, citing Dai Xianglong, the fund's chairman. The fund also plans to invest in privately...
HSBC Jintrust Fund Management Co, a joint venture between HSBC Global Asset Management and Shanxi Trust and Investment Corp, said yesterday that it has raised RMB 2.25 billion for a new fund which focuses on small and medium-sized companies listed in domestic stock exchanges.HSBC Jintrust Small-...
SHANGHAI, Dec 17 - China's national pension fund will raise its overseas investment limit to 20 percent from the current 7 percent, the China Securities Journal reported on Thursday, quoting the head of the fund....