Private equity industry leaders have revved up on yuan-denominated funds to seize opportunities from China's economic recovery and offset headwinds in fundraising for US dollar-denominated funds, said experts.
Large sovereign
funds in the Middle East are buying up Chinese stocks, and
investors say their appetite is growing as trade and diplomatic
relations between the two regions improve. Abu. | April 14, 2023
Anticipating the continuous maturity of the Chinese capital market and the acceleration of technological innovation, leading international private equity firms have sped up to raise first-time yuan funds or made related preparations in the Chinese market.
Australian shares are set to start the week higher, after a rally in New York on bets that there’s no need for the US central bank to rush its taper exit.
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