One of the top ten sovereign wealth funds in the world, Qatar Investment Authority (QIA), is rolling out its ambitious investment blueprint in China with a potential US$600 million investment in the country’s leading online lender. The state-owned wealth fund is reportedly in talks with China’s online lender Shanghai Lujiazui International Financial Asset Exchange Co. (Lufax) to lead a new financing round of up to US$1.5 billion in the Chinese company, said multiple media reports citing insiders. The new financing round …
Eyeing China’s Lufax, Qatar National Wealth Fund Draws Ambitious Investment Blueprint appeared first on China Money Network.