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CGS Plans to Set up US$1B Investment Fund in Southeast Asia; CICC Plans to Establish US$100M Fund in Malaysia to Invest in Gaming Sector
CICC (03908.HK) and CGS (06881.HK) planned to launch funds in Southeast Asia within the next year and a half, with a total scale of over US$1 billion, indicating that investment ba...
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CGS Plans to Set up US$1B Investment Fund in Southeast Asia; CICC Plans to Establish US$100M Fund in Malaysia to Invest in Gaming Sector
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STOCK INFO

CICC (03908.HK)  -0.860 (-4.309%)    Short selling $25.49M; Ratio 2.614%   and CGS (06881.HK)  -0.300 (-2.825%)    Short selling $51.51M; Ratio 9.450%   planned to launch funds in Southeast Asia within the next year and a half, with a total scale of over US$1 billion, indicating that investment banks are shifting their focus from the domestic market to outbound investment and deepening regional economic ties.

In addition, a Malaysian official said that CICC Capital, the private equity investment arm of CICC, is collaborating with the Malaysia Digital Economy Corporation to establish a US$100 million fund to invest in Malaysia's gaming industry.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-08-01 16:25.)

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