ING to raise more than 250 million US dollars QFII fund
By Sanshi
GUANGZHOU (Fund China) – ING Group, the investment management subsidiary recently to launch a new China-related funds, financing plan at least 250 million US dollars.
ING senior management in the September 25, ING China Access Fund will invest in the international market only 30-40 on business in China stocks, the target customers for retail investors in Hong Kong and the Asian region private bank customers.
In the Reuters survey of 33 analysts and brokerage integrated that mainland China may become the world’s stock market this year, the best performance of several markets. This, ING’s management said that the Chinese economy is booming, investment flows, the excess of the prospects, and the appreciation of the renminbi is expected to continue, will continue to augur well for the market higher.
Copyright Fund China 2009.
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