China's commercial space sector is set for strategic growth in 2019 and more efforts are needed to promote the sustainable development of private space companies, said deputies at the two sessions.
China's commercial space sector is set for strategic growth in 2019 and more efforts are needed to promote the sustainable development of private space companies, said deputies at the two sessions.
Hong Kong's bourse announced plans to introduce futures contracts on the MSCI China A-share Index on Monday, as demand for risk management tools from international investors eyeing mainland equities rises.
– MSCI Inc., a leading provider of indexes, portfolio analytics, and services for global investors, announced today that it will increase the weight of China A shares in the MSCI Indexes by increasing the inclusion factor from 5% to 20% in three steps. This decision follows an extensive global consultation with a large number of international institutional investors, including asset owners, asset managers, broker/dealers and other market participants worldwide. The proposal to increase the weight of China A shares garnered overwhelming support from investors.
Fosun International has acquired a 20% stake in Prod.Center, the leading Russian B2B marketplace for agricultural products trading. Caderus Capital acted as the sole organizer and financial advisor for the transaction. Caderus Capital had also arranged the previous round of financing for the Russian company, during which Altair Group became a shareholder of the growing business.
One of the largest Chinese investment firms and an active overseas investor, Fosun Group, has acquired a minority stake in Prod.Center, a Russian company running the top B2B agricultural products trading platform.
The People’s Bank of China noticed to dial down what it calls an “overhype” of a cashless society comes as mobile payment volumes continue to soar to new heights.