Japan’s Nomura Holdings Inc. and Chinese sovereign-wealth fund China Investment Corporation (CIC) will set up a Japan-China industrial fund, according to an announcement released by Nomura Holding today. The fund is expected to raise between 100 billion Japanese yen and RMB200 billion Japanese yen (US$1.8 billion), reported Bloomberg citing Nomura’s spokesman Kenji Yamashita. Other Japanese […]
China’s CIC Teams Up With Japan’s Nomura-Led Group To Launch $1.8B Fund appeared first on China Money Network.