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YOUNG’S CHINA BUSINESS BLOG |
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Following reports last month of the imminent formation of a major new private equity investor, media are now saying the company, China Minsheng Investment, has formally registered and is gearing up to make its first investments. The new company certainly has the resources and connections to quickly become a major player on both the domestic and global private equity scenes, with an initial 50 billion ($8 billion) in registered capital. Now it appears the company will start by helping to consolidate China’s embattled solar panel-making sector, which will become its first focus area. |
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News Digest: May 20, 2014 : JD.com, Carlyle, Shanda Games, Cheesecake Factory, Zhongmin Investment, Vipshop, SouFun, Ctrip? |
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