Chinese private equity fund Hopu Investment Management Co is planning to invest US$1.2 billion in China Minsheng Banking Corp Ltd<600016>, which plans to issue 3.82 million H shares in an initial public offering on the Hong Kong Stock Exchange, sources reported.Soros Fund Management LLC, founded by...
By Cong Mu State-owned COFCO and private equity fund Hopu Investment Management will jointly purchase a 20 percent stake in China Mengniu Dairy for HK$6.1 billion ($787 million), the biggest deal in China鈥檚 food industry so far, COFCO announced yesterday. COFCO, a leading food manufacturer in ...
HONG KONG, July 6 - Chinese private equity fund Hopu Investment Management is expected to buy around 20 percent of China Mengniu Dairy, in a deal worth roughly $800 million, according to a source familiar...
HONG KONG, Nov 17 - Private equity fund Hopu plans to invest up to $1 billion in the Hong Kong initial public offering of China Minsheng Bank, a mid-sized lender aiming to raise $4.07 billion...
The share price of China Mengniu Dairy Co<2319>, the nation's biggest dairy maker, fell 7.14% to close at HK$17.94 on Wednesday, and the turnover shrank to HK$429 million from HK$831 on Tuesday, the Shanghai Securities News reported. However, many investors still hold a positive view of the future share...
* China Minsheng raises $3.9 bln, near mid-point -sources * Hopu pulls out of investment plans for Minsheng -source * Malaysia's Maxis gains 10 pct, HK's Longfor up 15 pct * Asia dominates global IPOs...
* China Minsheng raises $3.9 billion, near mid-point -sources * Malaysia's Maxis gains 10 pct, HK's Longfor up 15 pct * Asia dominates global IPOs in 2009 as economies recover * Soros, Temasek, Hopu, Fidelity...
Soros Fund Management LLC, founded by George Soros, has spent US$100 million to invest in China Minsheng Banking Corp Ltd<600016>, which plans to issue 3.82 billion H shares in an initial public offering on the Hong Kong Stock Exchange, sources reported. In addition, private equity fund Hopu Fund...
Temasek Holdings, Singapore's sovereign wealth fund, has bid US$1.2 billion for a 15.6% stake AXA SA holds in Taikang Life Insurance Co, China's fourth-largest life insurer, sources reported.Other bidders include Blackstone, Kohlberg Kravis Roberts & Co, and two Chinese private equity funds Hopu Investment...
* CIC invests in second Mongolian mine this week * Iron Mining deal comes before company's planned IPO * Iron Mining backed by Hopu, Temasek, Credit Suisse (Adds details, background) HONG KONG, Oct 29, -...