Taiwan-based Fubon Financial Holdings has committed US$20 million to Fosun International’s outbound investment fund, according to media reports. After the completion of the deal, Fubon Financial will hold 3.81% of the fund, which seeks to invest in overseas companies that wish to expand in the Chinese markets. Fosun’s outbound fund has a fundraising target of […]
Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.