Legend Capital develops as leading local VC firm
2007-03-28 14:40:27
Since its establishment in 2001, Legend Capital has been recognized as one of the most active venture capital (VC) firms in the nation.
China's 53 mutual funds report US$6.5b profits
2007-03-28 10:03:02
Fifty-three mutual funds in China reported operating profits of 49.96 billion yuan (US$6.46 billion) in 2006.
More fund products on the way
2007-03-27 16:15:46
Domestic fund management companies are queuing to launch new stock funds to meet brisk demand for fresh products, while redemption pressure mounts on existing funds.
Asset securitization business to grow fast
2007-03-27 15:53:18
Fitch Ratings said it expects the volume of asset securitization business in China to grow considerably in 2007.
Shanghai begins zinc futures trade
2007-03-27 09:55:59
The Shanghai Futures Exchange (SHFE) launched zinc futures trading yesterday, the first new product this year.
Ex-AIG chairman launches China private equity JV
2007-03-26 09:48:27
Former American International Group Inc chairman Maurice Greenberg launched a private equity joint venture with CITIC Securities.
China launches 90 funds in 2006
2007-03-25 08:48:50
China launched 90 funds, raised 390 billion yuan (US$50.4 billion) and registered 7.78 million new accounts in 2006.
Second batch of US$6b QFII expected
2007-03-24 09:44:12
The second batch of quotas for qualified foreign institutional investors (QFII) is likely to be about $6 billion.
HSBC Jintrust launches 3rd China fund
2007-03-23 14:20:46
HSBC Jintrust Fund Management Co Ltd said launched its third fund in Chinese mainland, the HSBC Jintrust Dynamic Strategy Fund.
ABC cleared as fund manager
2007-03-22 09:00:37
The Agricultural Bank of China (ABC) has received official approval from the government to set up its own fund management firm.
Bear-Eagle fund to swoop on Chinese retailers
2007-03-21 10:45:42
Bear Stearns Companies Inc, a leading Wall Street investment bank, joined forces with Huang Guangyu to set up a $500 million buyout fund targeted at booming Chinese retailers.
Futures exchange to hold trials for zinc trading
2007-03-19 14:18:23
The Shanghai Futures Exchange will hold a test run for zinc trading this week as part of plans to launch futures trading in the metal.