J.P. Morgan

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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