Washington-based private equity firm The Carlyle Group is making headway in the world's fastest growing economy. Carlyle Asia Growth Partners (CAGP), its Asia-based growth fund, has seen strong returns from a string of star deals, including equity investments in Ctrip.com, Shanghai Anxin Flooring Co and newly listed Honghua Group.
China is expected to launch its first mutual fund to invest in the mainland's "socially responsible" listed companies next Friday.
Qualified domestic institutional investor (QDII) funds are fluctuating after plummeting at the end of last year, but analysts said more geographic and portfolio diversity is needed.
Gold and fuel oil futures surged to record highs in Shanghai yesterday on anticipation of more US dollar depreciation triggered by today's expected US interest rate cut.
Any other top boss of a domestic cargo carrier might have felt relieved after last year's air cargo volume topped the previous year's, but not Li Jiaxiang.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
