Shanghai government to form financial conglomerate

Banking, Finance and Insurance

Wednesday, October 08, 2008 00:25:30

	Shanghai government to form financial conglomerate By STAFF EDITOR Published: December 06, 2007 12:00 PM The Shanghai government is creating a financial investment company to manage US$1 billion for overseas investment, the China Securities Journal reported. The investing institution, to be named Shanghai Financial Holdings Group (SFHG), will take over some of the financial assets of Shanghai International Group, in which the Shanghai ... You are currently reading 49 words of 150 total words in this article. To continue reading this article, you must be a subscriber. Log in now. Buy this article now for $10 USD. Not a subscriber? Start your 7-day free trial now. bookmark \| digg \| Permalink \| Tell a Friend Tags for this article: finance , China Securities Journal , investment , Pudong Development Bank	More Articles in Banking, Finance and Insurance > Today’s Daily Briefs E-Mail Sign up for a roundup of the day’s top stories, sent every day. RELATED ARTICLES > China Reinsurance likely to can HK portion of IPO Banking sector steady despite mortgage risks China’s pension fund to invest more aggressively Desire to invest in stocks, real estate hits 10-year low 7 large Chinese banks have US$722m Lehman exposure Changsha Bank sells 20% stake to French counterpart PDB tops annual payroll ranking

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