About six months ago, the China Economic Review started the Red Dragon Fund, an A-share only fund with a 10,000 rmb investment. The fund value, details to be published the next issue of the Review available on March 1, is back in the black – over 10,000 rmb – after spending some time in the […]
Category: Investment
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The stock record
If self-knowledge is the first step to self-correction, then the prospects are improving for the stock market changes that are needed.
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Home-growing venture capital
Blunder, not conspiracy, deflated venture investment in 2005, and Beijing?s moves to boost domestic funds appear more benign than menacing.
Fortis Investments, part of the Belgo-Dutch Fortis banking group, has lifted its stake in Haitong Securities from 33% to the legal maximum of 49%, the Financial Times reported. It follows Invesco as only the second foreign partner to lift its stake in a strongly performing fund management joint venture following a loosening of rules in […]
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China grows venture capital
The National Development and Reform Commission, China's chief planning agency, has outlined plans to grow a domestic venture capital industry with a focus on start-up technology, reported the Financial Times. The move is seen as reducing opportunities of foreign private equity, already faced with state-imposed obstacles blocking exit strategies in 2005. The plan, to start […]