日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

US EUROPE AFRICA ASIA 中文
Business / Industries

Mining fund has its eye on 'blue sky' enterprises

By Cai Xiao (China Daily) Updated: 2014-08-01 07:09

Sinotech Minerals Exploration Co Ltd and Power Capital LLC announced on Thursday that they will establish a mining fund totaling 1 billion yuan ($161.9 million), which will seek opportunities among fast-growing small and medium-sized mines.

The first phase of funding is 500 million yuan, of which 100 million yuan will come from Sinotech Minerals.

The fund will have an eight-year investment horizon and a target internal rate of return of more than 30 percent.

"We're looking for 'blue sky' mining programs, which are small and medium-sized mines with cash flow," said Wang Jingbin, chairman of Sinotech Minerals. "They have high growth and merger and acquisition value."

Wang said that these "blue sky" miners have a good chance of finding mineral deposits and at a relatively low cost.

Mineral resources can be divided into three categories, metallic minerals, nonmetallic minerals and energy minerals.

The fund will also invest in large domestic and foreign mining programs.

"Investment in the mining sector is steady, because as long as mineral resources are found, they can bring an immediate return," said Wang Xiaobin, chairman of Power Capital.

"Mineral resources have been the material basis of social development, and because they are rare and finite, they get attention from venture capital and private equity investors," said Li Ling, an analyst at ChinaVenture Group.

With tougher competition in the Chinese venture capital and private equity market, there have been more specialized funds, including those in the mining sector.

One leading PE firm - JD Capital Co Ltd - has set up a mining fund totaling 500 million yuan that will target mature, well-run enterprises and those with high growth.

Power Capital also has the Redstone Mining Fund with 1.5 billion yuan, which invests primarily in domestic and international companies.

Mining fund has its eye on 'blue sky' enterprises

Mining fund has its eye on 'blue sky' enterprises

Iron ore surplus seen shuttering China mines Overcapacity, slowdown bring steel industry losses

Hot Topics

Editor's Picks
...
...
主站蜘蛛池模板: 中文字幕手机在线观看 | 蜜臀99久久精品久久久久小说 | 狠狠干亚洲色图 | 免费av在线 | 超碰在线人人干 | 99久久久国产 | 欧美中文字幕在线播放 | 国产精选第一页 | 天天看天天干 | 日韩精品综合 | 一区视频在线播放 | 超碰观看 | 日韩欧美亚洲一区二区三区 | 亚洲一级大片 | 精品日韩一区二区三区 | 国产精品一卡 | 亚洲天堂免费视频 | 精品色综合 | 日本天堂网在线观看 | 国产精品成人久久久久 | 视频在线亚洲 | 欧美极品在线视频 | 99视屏 | 波多野结衣视频一区二区 | 91碰| 天天干,夜夜爽 | 91中文在线观看 | 好男人www社区在线视频夜恋 | 女人的天堂网 | 亚洲综合另类 | 日韩免费在线播放 | 国产午夜影院 | 欧美 日本 国产 | 91看看 | 亚洲人人爱 | 色综合日韩 | 欧美色激情 | 超碰黄色| 久久国产精品免费 | 日本成人精品 | 久久久久久久久久久影视 |