China Renaissance Holdings Ltd said it has raised over 6.5 billion yua...
FILE PHOTO - The company logo of China Renaissance Group, is shown on a presentation during a news conference on its IPO in Hong Kong, China September 13, 2018. REUTERS/Bobby Yip
The firm in a statement on Monday said its private equity arm Huaxing Growth Capital had raised its third yuan fund totaling over 6.5 billion yuan, with over-subscription of more than 1 billion yuan. China Renaissance is a major player in the country’s buoyant technology sector and has advised on top deals including the formation of ride-hailing giant Didi Chuxing. The investment bank in recent years has looked to push beyond its core merger-and-acquisition advisory and securities underwriting business and sharpen focus on areas including investment management.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
China rejects U.S. lawmaker's comments on HK protests, human rightsChina said it strongly opposes what it calls 'erroneous' claims made b...
Read more »
Gareth Bale's £1 million-a-week move to China has collapsedThe Welsh footballer is looking for a new club after falling out of favor of Real Madrid manager, Zinidene Zidane.
Read more »
How Close Is China To A Financial Crisis?China haters have been waiting for a financial crisis out of China since at least the early 2000s. Some bad news...
Read more »
China Retreats GloballyChina has pulled back on its overseas investments. It will not likely return to its former free-spending ways any time soon.
Read more »
China June rare earth magnet exports to U.S. fall 3.9% from MayChina's exports of rare earth magnets to the United States fell 3.9% in Jun...
Read more »