Thndr Claps
  • U.S.
  • Egypt
  • Saudi
  • Thinkers
  • Arabic
No Result
View All Result
Thndr Claps

Thndr Claps » U.S. Claps » Funds » BlackRock Raises $1 Billion Mutual Fund in China Amidst Heavy Backlash🏦

BlackRock Raises $1 Billion Mutual Fund in China Amidst Heavy Backlash🏦

by Shams Abbas
September 12, 2021
BlackRock Raises $1 Billion Mutual Fund in China🏦, Thndr Claps, Thndr

The Clap
BlackRock’s new investment fund in China — the first fund in China owned entirely by a foreign firm — has raised $1 billion from Chinese investors in its first week.

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

Why is this important🤔
Billionaire investor Geroge Soros wrote on the matter in the Wall Street Journal, calling BlackRock’s investment in China a “blunder” & a “tragic mistake.”

He added that it could damage the national security interests of the United States and other democracies. BlackRock declined to comment on the Soros article.

  • Click to share on Facebook (Opens in new window)
  • Click to share on Twitter (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • Click to share on WhatsApp (Opens in new window)

Related Posts

Remittances, Claps
Funds

Rebalancing to spark mega sell-off to end 2022 💰

by Omar El Shorafa
December 19, 2022
Claps, Funds, ETFs
Economy 🏢

ARK writes open letter to the Fed 🏦

by Omar El Shorafa
October 11, 2022
Remittances, Claps
Funds 🤑

Loss of faith in ESG trend 🖐

by Omar El Shorafa
October 7, 2022
كوين باس، بلاك روك، كلابس
Financial Services 💸

Coinbase & BlackRock: New Power Duo 🤝

by Omar El Shorafa
August 7, 2022
Google funding values Indian startup at $5 billion💰
Tech 📲

Google funding values Indian startup at $5 billion💰

by Shams Abbas
May 30, 2022

Website

Community

Blog

Learn

© Thndr. All rights reserved

No Result
View All Result
  • U.S.
  • Egypt
  • Saudi
  • Thinkers
  • Arabic

Disclaimer: Thndr does not provide investment advice, individual investors are responsible for their own decisions or can seek independent advice. The value of investments can go up and down. Thndr is a trading name of Thndr Securities Brokerage which is authorised and regulated by the Financial Regulatory Authority (FRA). Registered in Egypt (no. 804)..© Thndr. All rights reserved

 

Hello👋 We want you to be able to express your opinions on anything and everything finance and economics related to the Egyptian and US markets.

This is why we introduced Thndr Thinkers💭

Let’s go through some housekeeping notes before you jump into publishing your article to all Thndr Claps readers!

Type of Content📝 We want to see market-relevant content that shows good analysis, please! Base your articles on facts 

Don’t be shy, explain🗣 Flex your knowledge to us, and we’ll share it with all the readers!

Be Original🙏 Please don’t copy. No one likes a copycat. All submissions are welcome as long as they’re yours 

Make your title attractive🤩 A title is like the cover of your book. Attractive enough to make you look at the book but also clear enough to tell you what the book is about.

Clean🧹 We’re all humans and we all make mistakes. But please try and clean up the article so it’s clear for all the readers 

No promotional content🚫 We don’t publish promotional content.

Any questions about becoming a Thndr Thinker? Email thndrclaps@thndr.app and we’d be happy to help!

Normally, your article will be published within 24 hours of submission (if you followed the guidelines)