Yuan funds outperform rivals
By Zhou Yan | China Daily | Updated: 2009-12-10 08:03
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Renminbi-denominated funds raised the equivalent of $3.5 billion in the first 11 months of this year, according to market researcher Zero2IPO. Tang Shanshan |
SHANGHAI: Yuan-denominated funds outperformed their foreign currency peers in China's venture capital/private equity (VC/PE) market during the first 11 months of 2009, when overseas investors found themselves on shaky ground with the global economic meltdown.
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