Fund China

China Investment Corp. (CIC), the nation’s sovereignty wealth fund, is looking to be a stabilizing force in the international equity markets, according to its chairman, Lou Jiwei.
CIC, which manages 200 billion U.S. dollars of China’s massive foreign exchange reserves, seeks to stabilize global equity markets through investment. It would boost corporate transparency when it does […]

GUANGZHOU (Fund China) - Harvest quality enterprises equity funds approved by the China Securities Regulatory Commission, on sale from yesterday, each with a face value of one yuan, the total fund size ceiling of 15 billion yuan.

GUANGZHOU (Fund China) - We want to fast in a lucrative market, when the wealth effect dissipated when the funds will be faithful to you? This market is the most recent topic of concern, and even more doubtful that the main focus in the open-end fund of funds above. Because once the flow of holding […]

GUANGZHOU (Fund China) - According to the “Liberation Daily” news, Bank of New York will reach an agreement with the Securities Western China, formed a joint venture in China fund management companies.
The new company name for BNY Mellon Western Fund Management, the Western Securities will be holding 51%, Bank of New York holders of the […]

SHENZHEN: The first issuance of joint bonds by small- and medium-sized enterprises (SMEs) in China could quench their fund thirst, officials and analysts said yesterday.
Shenzhen Mayor Xu Zongheng called the issuance a “groundbreaking event”. It would allow SMEs to raise funds from the bond market - a bold experiment, which could assist the reform of […]

GUANGZHOU (Fund China) - Yesterday, the two cities closed-end funds with the market further decreased. Shanghai Fund Index closed at 4603.07 points, down 0.97%, Shenzhen fund index closed at 4548.99 points, down 0.85 percent. 36 tradable closed-end funds have two rose, 34 fell, Fund Xinghua decreases in the top.

China’s first government-backed private equity (PE) fund, Bohai Industrial Investment Fund Management Co, is vying for a minority stake in Chengdu City Commercial Bank Co to gain a foothold in the country’s banking sector.
The nation’s private equity frontrunner is offering 1 million yuan for a 10 percent stake in the bank - the fund’s second […]

GUANGZHOU (Fund China) - Market have been transferred to the quotations on structural phase. But by economic growth, such as impact of the appreciation of the RMB accelerated, the market fell back to 2008 price-earnings ratio of 20 times after the interval, is expected to receive support.

From: Lipper
• The emerging equity markets still recorded good performance in October, but the increase in the A-Shares market continued to shrink.
• The Equity, Mixed-Asset Flexible, Mixed-Asset Aggressive, and Mixed-Asset Balanced fund categories chalked up 2.28%, 1.66%, 1.65%, and 1.52% returns, respectively.
• The Shanghai closed-end fund index rebounded 7.62%. The discount […]

GUANGZHOU (Fund China) - General Electric (GE) on November 14, General Electric’s enhanced cash fund all external investors withdrew funds, the company before allowing them to share each 0.96 US dollars redemption.
However, the money market fund with a similar fund for holders of other asset-backed instruments suffered losses. The company told investors, is expected to […]