China's Gosen Securities plans to launch the first RMB fund
China's Guosen Securities Co Ltd., Shenzhen-based boutique investment bank, plans to raise a RMB300 million ($45.5 million) private equity fund in Hong Kong following the increase in demand for RMB investment vehicles in China.
As originally reported by Reuters, the Chinese brokerage firm has appointed its Hong Kong subsidiary, Guosen Securities (HK) Asset Management Co Ltd to manage the group’s first private equity fund. The...
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