Chinese private equity firm CDH Investment closes on US$2b fund
CDH Investments, one of the largest homegrown mainland private equity firms, is a few months from completing fundraising for its US$ 2 billion fifth fund. Markets & Investing feed…
It’s Shanghai or burst
‘Zhang Guangdi has watched the market value of his Shanghai International Port Group shares jump 130 per cent since August 22, when the mainland’s commerce ministry said the government approved…
Companies turn to loans as bonds fall out of favour
Chinese borrowers are using loans to replace dwindling credit in bond markets. Such firms borrowed US$ 40.4 billion via syndicated loan markets in the year to date in G3 currencies,…
UK kicks off Lloyds bank share sale
Britain has kickstarted the sale of its shares in Lloyds Banking Group, selling a 6 per cent stake in the part-nationalised lender and raising 3.2 billion pounds ($ 5.1 billion).…
Canadian pension fund sets up Hong Kong base for growth
Ontario Teachers’ Pension Plan, one of Canada’s largest institutional investors, wants to nearly double its Asia-Pacific investments within three years by building relationships with people and companies in the region.…
Foreign firms turn to swaps for funding
Foreign companies are increasingly using cross-currency swaps to fund onshore operations in mainland China, rather than raising money through the so-called dim sum, or yuan-denominated, bond market in Hong Kong.…
Huishan Dairy eyes easing in one-child law
China Huishan Dairy, which is marketing a share float to list on the Hong Kong stock market, aims to boost its dairy herd and expand production of milk products as…
Dalian exchange to offer iron ore futures
Dalian Commodity Exchange has received regulatory approval to launch China’s first iron ore futures, the latest salvo in the battle to control benchmark pricing of the world’s second-most traded commodity.…
