TIANJIN, China (Dow Jones)–China International Capital Corp. Chairman Li Jiange
said Sunday that as an investment bank CICC doesn’t have sufficient capital to
make overseas acquisitions.
Li, who took up his post in July, made the comment on the sidelines of the World
Economic Forum in response to a reporter’s question about whether CICC is
planning any overseas acquisitions.
The U.S. [...]
2nd UPDATE:China Life Seeks To Raise Stk Invest;Eyes Grp IPO
Last Update: 9/9/2008 5:11:12 AM
(Adds China Life executive’s comments on overseas acquisitions, closing level for
benchmark index.)
DUNHUANG, China (Dow Jones)–China Life Insurance Co. (LFC), the largest investor
in China’s stock market, said Tuesday it will seek to raise its investment in
equities, after the country’s bourses fell by more [...]
Merrill Lynch: Raising $2.5B-$3B Asia Pacific Property Fund
Last Update: 4/13/2008 12:12:02 PM
BOAO, China (Dow Jones)–Merrill Lynch & Co. Inc. (MER) said Sunday it is raising
about $2.5 billion to $3 billion for a property fund focused on Asia, as part of
a broader push to manage funds raised from third parties.
Damian Chunilal, head of Merrill Lynch’s Pacific [...]
Stumble It!