China Minsheng Financial Plans To Raises A $1B Blank Cheque Fund


China Minsheng Financial Holding Corporation plans to raise a US$1 billion fund by setting up a shell company for initial public offerings on stock exchanges in New York and London, according to a report by the Financial Times quoting the group’s chief executive, Zheng Li. The fund is designed to a “blank cheque” company, which […]

China Minsheng Financial Plans To Raises A $1B Blank Cheque Fund appeared first on China Money Network.


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