London Asia rides with the Mongols

Greater China-focused investment house hooks up with Ulaan Baatar bank.

In its quest for its own golden horde, London Asia, the AIM-listed China private equity and asset management specialist, has announced a Mongolian tie-up. This complements its eight-strong network of branches in the mainland China and offices in Hong Kong and Singapore.

The firm has formed London Asia Capital Mongolia, in a 6040 joint venture with Capitron Bank of Mongolia, a small local commercial bank. The joint venture plans to offer advice to Mongolian companies on cross-border M...

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