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Public equity funds all the rage among youth

Public equity funds all the rage among youth By LIU YUKUN and ZHOU LANXU | China Daily | Updated: 2021-03-17 07:07 Share CLOSE Suddenly everyone around me started talking about funds, even for those who had zero experience. It s interesting that talking about funds is now a good conversational icebreaker. [Photo/Sipa] High-profile star managers leading frenzy of activity, attracting people into the fast-growing market in China It s human nature to want to make an easy buck. But things can get complicated when a surge of mainly young investors jump headfirst into China s rapidly growing public equity fund market, attracted by star fund managers, who manage bourse-buying decisions on behalf of investors.

Chinese medical device maker Hanyu closes $77m in Series D+ round

Chinese medical device maker Hanyu closes $77m in Series D+ round
dealstreetasia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dealstreetasia.com Daily Mail and Mail on Sunday newspapers.

China s Yuanxin Technology nets $465m funding from Tencent, Sequoia, others

China’s Yuanxin Technology nets $465m funding from Tencent, Sequoia, others February 9, 2021 Beijing Yuanxin Technology Co., Ltd, a specialist in digital healthcare and chain pharmacies, has raised 3 billion yuan ($465 million) in a Series E round co-led by existing investors Tencent and Sequoia Capital China. The round attracted a slew of investors from primary and secondary markets, according to a company statement on Tuesday. Existing investors including state-backed CITIC Group’s brokerage firm CITIC Securities, Qiming Venture Partners, Index Capital, and Kunling Capital re-upped in the round, while new investors who participated included CICC Capital, New York-based fund manager OrbiMed, Noah Holdings’ alternative asset manager Gopher Asset Management, and E Fund.

Chinese stock fund attracts record $37 bln in first-day subscriptions -state media

By Reuters Staff 2 Min Read SHANGHAI, Jan 19 (Reuters) - A Chinese mutual fund attracted a record $37 billion worth of investor subscriptions on the first day of sales, state media reported, reflecting Chinese retail fever toward stocks. E Fund Management Co launched the fund on Monday and raised 237 billion yuan ($36.6 billion) in subscription money, nearly 16 times its fundraising cap of 15 billion yuan, official Securities Times reported on Tuesday, citing sales channels. E Fund said official data will be released soon, without giving figures. The demand reflects Beijing’s success in boosting investor confidence in capital markets following a series of reforms, and points to more momentum in China’s bull run that saw the bluechip CSI300 index jump 27% in 2020.

Более миллиона человек получили электронный читательский билет в Подмосковье в 2020 году

Более миллиона человек получили электронный читательский билет в Подмосковье в 2020 году
mskagency.ru - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mskagency.ru Daily Mail and Mail on Sunday newspapers.

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