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China Galaxy, CICC to Launch $1 Billion-Plus Funds Targeting Southeast Asia

Jul 31, 2025, 3:10 a.m. ET

AsianFin -- China Galaxy Securities and China International Capital Corp (CICC), two state-backed investment banks, are preparing to launch investment funds exceeding $1 billion in Southeast Asia, aiming to tap into growth opportunities amid ongoing U.S.-China trade tensions.

The initiative marks a strategic pivot from their traditionally domestic focus, aligning with Beijing’s push for outbound investment and stronger economic integration with neighboring markets.

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