China Dongxiang (Group) Co. Ltd. Expands with RMB300 Million Investment in New Fund
Reuters
Jul 14
China Dongxiang (Group) Co. Ltd. Expands with RMB300 Million Investment in New Fund
China Dongxiang (Group) Co., Ltd., a company incorporated in the Cayman Islands and listed on the Hong Kong Stock Exchange, has announced a strategic expansion by subscribing to interests in an RMB Fund. The company will invest RMB300 million to acquire Class B Units of the fund, through its wholly-owned subsidiary, Shanghai Rongfu Investment Center. This move marks a significant step in diversifying the company's investment portfolio and aligning with its growth strategy. The announcement was made by Chen Yihong, Chairman of China Dongxiang, who emphasized the potential benefits and strategic importance of this financial venture.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. China Dongxiang (Group) Co. Ltd. published the original content used to generate this news brief on July 14, 2025, and is solely responsible for the information contained therein.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.