Ex-China Minsheng Bank executive launches $8b fund
Wenbiao Dong, former head of China Minsheng Banking, has launched a RMB50 billion ($8 billion) private investment fund.
The vehicle, which is managed by China Minsheng Investment, a new fund house set up by Gong, has received capital from 59 Chinese enterprises, the firm said during its inauguration ceremony in Shanghai....
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