After being cleared to conduct over-the-counter equity derivatives, the securities firm seeks to target insurers initially. It sees room for growth in this area amid CSRC liberalisation.
Tag : guangfa
Negative Chinese stock-market performance has hurt domestic mutual-fund returns, with not a single mainland asset manager making a profit in the second quarter.
Guangfa is rumoured to have raised over Rmb12 billion for its new equity fund - shades of 2004Æs boom and bust, or is this something more durable?