According to a Pricewater house Coopers(PwC) survey , those joint venture fund management firms in china, which have large investments of foreign asset management companies, are an increasing threat to wholly owned domestic fund management.
Domestic fund management should hold at least more than 51 percent stake in domestic fund management companies based on the rules made by the china Securities Regulatory Commission. As the survey, which interviewed 29 Read more…
Popularity: 2% [?]
China, competition, economy, firm, fund, survey, venture
On the day Mar, 27th, 2009, Mountain Partners Group (MPG), which is a Swiss investment company, announced that they would build the first institutionalized angle fund in China focusing on the new but potential corporations. Read more…
Popularity: 4% [?]
China, company, economy, fund, investment, MPG, Swiss
The China Association of Small and Medium Enterprises (CASME) said on it website on Nov 24, it has launched venture investment fund of 3 billion yuan ($440 million) to help SMEs raise capital. The fund will be established by the end of this year.
Beside this, according to CASME, other efforts include the joint issue of an SME corporate bond with the Liaoning provincial government and the founding of a bank with a planned registered Read more…
Popularity: 3% [?]
$440, China, fund, issue, million, SME