ENGLISH
|
JAPANESE
|
CONNECT WITH US:
Home
About
Contact
Log in
*
Home
Press release
Apr 19, 2015 15:00 JST
L.R. Capital Prioritizes Investment Focuses into China
HONG KONG, Apr 19, 2015 - (ACN Newswire) - L.R. Capital, a leading global investment and alternative asset manager with branch offices in North America, Singapore, Hong Kong and mainland China, today announced it decided to priorities the investment focuses into the Greater China.
On March 23, L.R. Capital announced its cornerstone investment commitment in GF Securities H-Share IPO for US$ 250 million. GF Securities starts roadshow for its initial public offering in Hong Kong to raise up to US$3.6 billion, the largest listing in Asia so far this year.
With the attractive discount and valuation, the deal has generated strong interest from institutional investors. Among the cornerstone investors, Taiwan-based Fubon Financial has bought US$300 million, while L.R. Capital, the second largest cornerstone investor, has taken US$250 million of the shares.
According to news sources, this cornerstone investment in GF Securities indicates that L.R. Capital Group has decided to strengthen the scale of its investment in the Greater China and will be working harder to provide its current investment team with strategic coordination and development opportunities in China.
L.R. Capital's Global Advisory Committee consists of a few industry leaders and representatives, including Soul Htite, Co-founder of Lending Club and SinoLending, and Marcellus Wong, the former Head of taxation at PricewaterhouseCoopers Asia. L.R. Capital acts as a linkage for resources and capital by connecting China and the international markets, with focus in a wide range of sectors, mainly financial services, new energies, and technologies, in both developed and developing economies.
Sectors: Daily Finance
Copyright ©2025 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.
Latest Release
Eisai Representative Corporate Officer and CEO Haruo Naito Awarded the Order of the Rising Sun, Gold and Silver Star
Apr 30, 2025 14:17 JST
Mitsubishi Shipbuilding Holds Christening and Launch Ceremony of Large Car Ferry KEYAKI in Shimonoseki
Apr 29, 2025 17:24 JST
NEC DGDF Headquarters relocates to Zurich to accelerate growth and enhance management globally
Apr 28, 2025 16:03 JST
NEC achieves Japan's longest terrestrial wireless optical communication over 10 km
Apr 25, 2025 17:50 JST
Olympus Appoints New CEO
Apr 25, 2025 15:30 JST
DENSO Announces Year-End Financial Results
Apr 25, 2025 12:17 JST
DENSO and DELPHY Sign Memorandum of Understanding to Develop Data-Driven Smart Horticulture
Apr 24, 2025 18:43 JST
MyJCB App Wins "iF DESIGN AWARD 2025"
Apr 24, 2025 17:00 JST
Fujitsu launches new company 1FINITY to strengthen network products business
Apr 24, 2025 16:24 JST
MHIEC Completes Renovation of Core Facilities for Arita Municipal Recycle Plaza in Saga Prefecture
Apr 24, 2025 15:01 JST
NEC invests in U.S.-based "Geodesic Alliance Fund" aiming to strengthen economic security business
Apr 24, 2025 10:23 JST
MHI Thermal Systems Wins German Red Dot Design Award 2025
Apr 24, 2025 10:11 JST
ULVAC Develops Dilution Refrigerator for Quantum Computers
Apr 24, 2025 09:30 JST
Fujitsu expands strategic collaboration with Supermicro to offer total generative AI platform
Apr 23, 2025 11:55 JST
Furuya Metal and Asahi Kasei Embark on Demonstration Trial Regarding Recycling of Metals for Chlor-alkali Electrolysis Cells and Electrodes
Apr 23, 2025 11:00 JST
A Decade of Olympus India's Commitment to Community Welfare
Apr 22, 2025 13:00 JST
Fujitsu and RIKEN develop world-leading 256-qubit superconducting quantum computer
Apr 22, 2025 11:37 JST
Fujitsu Kozuchi AI technologies assist AKOS AI in delivering solutions for EU AI compliance
Apr 18, 2025 17:41 JST
Leqembi (lecanemab) is the First Medicine that Slows Progression of Early Alzheimer's Disease to be Authorized in the European Union
Apr 18, 2025 16:52 JST
Hitachi Industrial Equipment Systems Launches Next-Generation Inverter System to Support Stable, Resilient Power Grids
Apr 18, 2025 16:46 JST
More Latest Release >>