• allan said: hi .. svilena hristova i had cheated by a chinese company in senzhen. i...
• Svilena Hristova said: Hi, i live in China and i will try to help you. Send me email...
• Jhummun S said: I made payment a huge sum for an order on 13/12/2011 by credit card...
• steve said: can i use roaming service in Yangon, Myanmar using this china sin card ?
• norm said: I would like to know that also. Feb. 2006 I aquired shares.
• baove said: Is it just me or does it seem that Vietnamese are strong supporters of...
• Clifford Mensch said: I would like to offer property for sale to investors, 60 acres...
• Clem said: 100,000 employees, 200,000 iphones produced daily. I wonder what kind of...
• Trizt said: I really hope they do pay the workes for all the extra hours they will...
Get Our Weekly Email Newsletter
2012 International Conference on Green Building and Civil Engineering @ Guizhou - 2012/05/19
Annual Conference of the Academy of Innovation and Entrepreneurship 2012 @ Macau - 2012/06/08
China's Alibaba To Set Up Fund Management Company
April 15, 2009 |
Print
| 
Email
| 
Comments | Category: Business, Internet
Cai Chongxin, chief financial officer of the Chinese B2B e-commerce giant Alibaba Group, has announced in an internal email that the group will set up a fund management company that will focus on the second-tier market and the company will be led by Xiong Xiong, former CEO of Libra Capital.
Cai said the establishment of the fund company will improve the group's financial management power and enhance its insight into the macro-environment within China, so as to help Alibaba gain more reasonable returns in cash operation.
Founded by Xiong at the end of 2007, Libra Capital was later fully acquired by Alibaba Group and Xiong with his team joined the fund management company of Alibaba. Before the founding of Libra Capital, Xiong worked for Goldman Sachs as chief representative for Shanghai office and China chief researcher for Goldman Sachs Asset Management.
Related Links:
Recommend this page: 
Loading ...Leave A Comment:
-
Security
- Qihoo 360's Safebox Software Will Integrate With Uuu9.com
- Apple Suspends iPhone 4S Sales In Retail Stores In China
- New Chinese Internet Rules Focus On Data Security, Web Advertising
- Chinese Internet Users Can Report Online Fraudsters Via New Baidu Service
- Huawei To Acquire 49% Stake In Security JV With Symantec
-
Software
-
Telecom & Wireless
Copyright 2012 ChinaTechNews.com. All Rights Reserved.
If you would like to syndicate these articles and posts for personal non-business use where you will not gain in any monetary way, please utilize the RSS feed for this online publication, which provides a brief summary of each post with a link back to the original article. Posting of any other part of the articles or posts on this website, in whole or in part, is expressly prohibited without express written permission from ChinaTechNews.com. No part of this website may be copied, transferred, posted, or published without the express written permission of ChinaTechNews.com or its registered agents. Content on this website, including articles, opinions, and data are protected under international copyright laws. Failure to comply with these rules will result in legal action. 