Taiwan’s CDIB boosts cross-strait presence, sets up RMB funds
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 Your Account
Access Exclusive AsianInvestor Content!
Please sign in to your subscription to unlock full access to our premium AI resources.
Free Registration & 7-Day Trial
Register now to enjoy a 7-day free trial—no registration fees required. Click the link to get started.
Note: This free trial is a one-time offer.
¬ Haymarket Media Limited. All rights reserved.