Taiwan’s CDIB boosts cross-strait presence, sets up RMB funds

Oct 16, 2011

CDIB Capital is busy setting up renminbi-denominated funds to make direct investments in China, making it the first Taiwanese firm to do so on the mainland.

Taipei-based China Development Industrial Bank (CDIB) is setting up its first cross-strait renminbi fund. This comes as its parent company, China Development Financial Holding Corporation (CDFH), becomes the first financial firm approved by the Taiwanese regulator to establish direct investment operations on the mainland.

Sign in to read on!

Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to AsianInvestor

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.

If you are a senior professional at a large institutional asset owner, such as a sovereign wealth fund or pension fund, please contact [email protected] for further assistance.

Questions?

See here for more information on licences and prices, or contact [email protected]