SHANGHAI, March 2 Chinese brokerages are
lobbying the government to allow them to launch buyout funds and
make alternative investments as the country's securities
regulator plans to reinvigorate the struggling sector.
SHANGHAI Healthcare-focused venture capital firm Vivo Ventures said on Friday it would accelerate investment in Chinese and U.S. companies with a strategy of fostering collaboration between them, after raising $375 million in its seventh fund.
SHANGHAI, Feb 15 Shanghai launched its own
version of the U.S. OTC Bulletin Board (OTCBB) market on
Wednesday, kicking off trading in the first batch of 19
start-ups outside the city's stock exchange.
SHANGHAI Sumitomo Mitsui Financial Group (SMFG), Japan's third-largest lender by assets, plans to acquire a minority stake in a mid-sized Chinese fund house to access China's struggling but still attractive mutual fund industry, two sources with knowledge of the deal said.