Trap or treat? Funds to raise billions for tech IPOs in China
https://www.reuters.com/article/us-china-funds-ipo/trap-or-treat-funds-to-raise-billions-for-tech-ipos-in-china-idUSKBN1J70NH
Asset managers began fundraising for six Chinese "unicorn" funds on Monday, offering retail investors a new investment channel but potentially straining tight market liquidity.