CHINA EVERBRIGHT GROUP SETS UP ASSETS MANAGEMENT FIRM

AsiaInfo Services, June, 2009

AsiaInfo Services 06-22-2009 China Everbright Group Sets up Assets Management Firm BEIJING, Jun 22, 2009 (SinoCast Daily Business Beat via COMTEX) -- China Everbright Group, a state-owned financial conglomerate under the administration of the State Council, the nation's cabinet, sets up a assets management firm, which has finished registration on June 8, 2009. Headquartered in Beijing, capital of China, the new firm will mainly engage in investment in industrial funds, private equity funds, equities, and provide consultancy services for merger and acquisition, bond financing, initial public offering (IPO), and T-bond financing. The establishment of the new firm is helpful to improve the group's direct operation ability and integrate the group's business resources of...

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