Ex-China AMC fund manager registers PE vehicle in Qianhai
A former leading manager at China Asset Management (CAMC), one of the country’s largest domestic mutual fund providers, has registered a private equity firm in Qianhai, the development zone in Shenzhen through which renminbi-denominated funds will be able to raise capital in Hong Kong.
Yawei Wang, who earned a reputation as one of China's best stock pickers, applied to Shenzhen's Market Supervision Administration to set up Shenzhen Qianhe Capital Management in Qianhai. Wang spent 14...
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