Page 129 - அலிபாபா குழு வைத்திருத்தல் லிமிடெட் News Today : Breaking News, Live Updates & Top Stories | Vimarsana
After Losing China, Uber s Stake in DiDi Reaps $8 Billion in IPO
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Malaysia s Khazanah Nasional appoints ex-Maybank CFO Amirul Feisal to head fund
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Consortium Led by Alibaba, Jiangsu Government Near Deal for Suning com
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Jun 29, 2021
Hedge funds and asset managers are increasingly turning to Japanese startups, attracted by some eye-popping past returns in the long-overlooked sector.
Asian hedge fund firms including Pleiad Investment Advisors and global investment giants like T. Rowe Price Group Inc. and Baillie Gifford are providing late-stage growth capital to the nation’s most promising ventures, according to fund managers at the companies.
They’re emboldened by surging share prices of startups that went public in recent years, along with renewed government efforts to promote digitalization and entrepreneurship. With just six unicorns, the world’s third-largest economy has struggled to produce new companies that have global ambitions like Alibaba Group Holding Ltd. and Tesla Inc.
Chip Somodevilla/Getty Images
Sen. Tommy Tuberville, a Republican from Alabama, has sought to ban US investments in China.
Rep. Josh Gottheimer of New Jersey traded Microsoft stock a dozen times in one day.
In Florida, Sen. Rick Scott sold an eight-figure investment in an industrial-parts company.
Freshman Sen.
Tommy Tuberville, a Republican from Alabama, is one of Congress most vocal critics of China s government. He s even introduced a bill that would ban the federal government s Thrift Savings Fund from investing in the stocks of companies based in China. We don t want to invest that money in Chinese companies to prop up the Chinese, Tuberville said in May on Fox Business News.