Tag Archives: China Minsheng Investment

Private Equity In Focus With New Firm, Fosun Bank

CMIC opens for business

An exciting trend is building momentum on China’s private equity scene, with a new generation of more entrepreneurial firms taking shape to compete on the global stage with traditional giants like Carlyle (Nasdaq: CG), KKR and TPG. One of the most active of those firms is the privately owned Fosun, which has become a regular headline maker due to its recent string of global acquisitions. Now the company is in the news once more, with word that it may soon become one of only a handful of companies in China to get a license to operate a private bank. In other private equity news, the highly anticipated launch of a major new player with strong ties to Shanghai’s financial community has finally come with the formal debut of China Minsheng Investment Corp (CMIC). Read Full Post…

News Digest: August 22, 2014

The following press releases and media reports about Chinese companies were carried on August 22. To view a full article or story, click on the link next to the headline.
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  • Commerce Ministry Re-Examines E-Commerce 7-Day Return Policy (Chinese article)
  • China Minsheng Investment To Formally Launch In Shanghai (Chinese article)
  • Qunar (Nasdaq: QUNR) Reports Q2 Financial Results (Globe Newswire)
  • Second Group Of Private Bank Licenses To Be Released, Fosun Among Winners (Chinese article)
  • China Makes Queries To South Korea In Qualcomm (Nasdaq: QCOM) Anti-Trust Probe (Chinese article)
  • Latest calendar for Q2 earnings reports (Earnings calendar)