J.P. Morgan

CITIC Securities Reported To Cancel Bear Stearns Deal

From Xinhua via People’s Daily online : China’s CITIC Securities Co. is to cancel a deal to buy into Bear Stearns after news that the fifth largest investment bank in the United States is to be bought out by JPMorgan...

JPMorgan China fund JV lures 90 bln yuan in a day – Reuters

From Reuters: JPMorgan Chase & Co.‘s Chinese fund management venture said on Wednesday it had received nearly 90 billion yuan ($11.7 billion) of subscriptions to its new equities fund in a single day — over 10 times its original sales target. The oversubscription ratio is one of the highest seen at any fund since China’s […]

CCMP eyes stake in Chinese machine company – Geoff Dyer

From The Financial Times: The former private equity unit of JPMorgan Chase , the US investment bank, is in talks to buy a minority stake in DHI-DCW , one of the largest heavy machinery makers in China. The Chinese company, which is based in the north-eastern city of Dalian and controlled by the local government, […]

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