Pubblicato in: Cina, Devoluzione socialismo

BlackRock. Lancia in Cina un fondo andato a ruba in pochi giorni. Dura condanna di Soros.

Giuseppe Sandro Mela.

2021-09-17.

Pelosi Nancy 013

«BlackRock’s China mutual fund subsidiary set up its first fund in the country after raising 6.68 billion yuan ($1.03 billion) during a shortened subscription period, signalling warm reception by investors»

«Wednesday’s disclosure came a day after billionaire investor George Soros said it was a mistake for BlackRock to invest in China now, and likely to lose money for the U.S. fund giant’s clients»

«BlackRock (BLK.N), the first foreign asset manager to operate a wholly-owned business in China’s $3.6 trillion mutual fund industry, said its newly-launched China equity fund had raised 6.68 billion yuan from more than 111,000 investors»

«The BlackRock China New Horizon Mixed Securities Investment Fund, launched on Aug. 30, stopped taking new subscriptions on Sept. 3, a week earlier than planned»

«We are very proud of achieving this milestone for our China fund management business, and are grateful for investors’ overwhelming support»

«The fundraising by the world’s biggest asset manager is being closely watched as more global players prepare to enter China’s fast-growing, but highly competitive mutual fund market»

«Fidelity International is setting up its mutual fund subsidiary in China, while Neuberger Berman, Schroders PLC (SDR.L) and VanEck have also applied to set up China units to sell retail funds»

«Writing in the Wall Street Journal on Tuesday, Soros had called BlackRock’s investment in China a tragic mistake that would damage the national security interests of the United States and other democracies»

«BlackRock, which entered China more than 15 years ago, also owns a minority-owned Chinese mutual fund venture and recently set up a majority-owned Chinese wealth management venture»

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BlackRock. Gli assets hanno passato i 9.5 trilioni di dollari. Da quando è in Cina.

Fink, Ceo di BlackRock, ‘this is going to be a pretty big shock’. – Bloomberg

Blackrock. Mr Fink, il vero padrone del mondo.

BlackRock anticipa l’apertura cinese alla finanza occidentale. 3.4 trilioni in tre anni.

BlackRock (7.81tn Usd) continua ad espandersi in Cina, e vi porta i denari occidentali.

Cina. I capitali internazionali acquistano bond cinesi in yuan.

I tre giganti. I nuovi discreti padroni dell’Occidente. Nomi quasi ignoti.

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BlackRock’s China Blunder

«BlackRock, the world’s largest asset manager, has begun a major initiative in China. On Aug. 30 it launched a set of mutual funds and other investment products for Chinese consumers. The New York-based firm is the first foreign-owned company allowed to do so. The launch came just weeks after BlackRock recommended that investors triple their allocations in Chinese assets. This will push billions of dollars into China. “The Chinese market represents a significant opportunity to help meet the long-term goals of investors in China and internationally,” BlackRock Chairman Larry Fink wrote in a letter to shareholders

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Soros: investendo in Cina BlackRock “perderà denaro e danneggerà gli Usa”

«BlackRock, il primo gestore straniero autorizzato ad offrire fondi d’investimento ai risparmiatori cinesi, sta prendendo troppo alla lettera la propaganda di Xi Jinping, sottovalutando quella che sarebbe la realtà dell’economia cinese. Anche se BlackRock punta a distinguere “tra imprese statali e imprese private… il regime considera tutte le aziende cinesi come strumenti dello stato monopartitico”. E’ questa l’opinione espressa da George Soros in un intervento comparso sul Wall Street Journal, a meno di una settimana da un precedente avvertimento sul “brusco risveglio” che aspetterebbe gli investitori che hanno puntato sulla Cina.»

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BlackRock ha immesso il 30 agosto sul mercato cinese un fondo di investimento, che ha raccolto in pochi giorni 111,000 investitori per 6.68 miliardo di Yuan: ha chiuso anticipatamente le sottoscrizioni.

Soros, opinione rispettabile, condanna aspramente l’operato di BlackRock, principalmente per motivazioni ideologiche. Ossia proprio per le ragioni per le quali BlackRock, in buona compagnia, è dovuta fuggire dall’enclave liberal socialista americana.

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BlackRock’s China unit raises $1 bln in maiden mutual fund

Shanghai, Sept 8 (Reuters) – BlackRock’s China mutual fund subsidiary set up its first fund in the country after raising 6.68 billion yuan ($1.03 billion) during a shortened subscription period, signalling warm reception by investors.

Wednesday’s disclosure came a day after billionaire investor George Soros said it was a mistake for BlackRock to invest in China now, and likely to lose money for the U.S. fund giant’s clients.

BlackRock (BLK.N), the first foreign asset manager to operate a wholly-owned business in China’s $3.6 trillion mutual fund industry, said its newly-launched China equity fund had raised 6.68 billion yuan from more than 111,000 investors.

The BlackRock China New Horizon Mixed Securities Investment Fund, launched on Aug. 30, stopped taking new subscriptions on Sept. 3, a week earlier than planned.

“We are very proud of achieving this milestone for our China fund management business, and are grateful for investors’ overwhelming support,” Rachel Lord, BlackRock’s chair and head of Asia-Pacific, said in a statement.

The fundraising by the world’s biggest asset manager is being closely watched as more global players prepare to enter China’s fast-growing, but highly competitive mutual fund market.

Fidelity International is setting up its mutual fund subsidiary in China, while Neuberger Berman, Schroders PLC (SDR.L) and VanEck have also applied to set up China units to sell retail funds. Beijing scrapped a foreign ownership cap in the sector on April 1, 2020.

Writing in the Wall Street Journal on Tuesday, Soros had called BlackRock’s investment in China a tragic mistake that would damage the national security interests of the United States and other democracies.

On Wednesday, Chi Zhang, general manager of Shanghai-based BlackRock Fund Management Co, said the asset manager was committed to bringing long-term investment opportunities for Chinese investors, leveraging its track record in investing in China A-shares and its expertise.

BlackRock, which entered China more than 15 years ago, also owns a minority-owned Chinese mutual fund venture and recently set up a majority-owned Chinese wealth management venture.