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China Chengtong Group said it manages nine funds, including the national SOE Restructuring Fund and the SOE Mixed-Ownership Reform Fund, with total assets of 710 bln yuan and paid-in capital above 300 bln yuan. The group has completed 400+ investment

2026-11-10

China Chengtong Group said it manages nine funds, including the national SOE Restructuring Fund and the SOE Mixed-Ownership Reform Fund, with total assets of 710 bln yuan and paid-in capital above 300 bln yuan. The group has completed 400+ investments and closed deals exceeding 250 bln yuan, mobilizing about 1.5 trln yuan of social capital and reporting a capital amplification of 6.5x. More than 90% of invested projects are in central SOE-related fields, over 75% target strategic emerging industries, and over 60% focus on high-tech and specialized, refined and innovative companies; in its '9+6' strategic-new sectors it has invested in 300+ projects totaling over 170 bln yuan.

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2026-11-10

According to the Financial Times, German Chancellor Merz has threatened to refuse to approve the next round of the EU's long-term budget unless EU member states unanimously agree to provide additional financial support to Ukraine.

According to the Financial Times, German Chancellor Merz has threatened to refuse to approve the next round of the EU's long-term budget unless EU member states unanimously agree to provide additional financial support to Ukraine.
2026-11-10

A Reuters/Ipsos poll shows that 71% of Americans support Congress taking action to end the war between the United States and Iran. 62% of Americans support repealing the import tariffs ordered by Trump.

A Reuters/Ipsos poll shows that 71% of Americans support Congress taking action to end the war between the United States and Iran. 62% of Americans support repealing the import tariffs ordered by Trump.
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