Latest news with #equity investment
Bloomberg
08-08-2025
- Business
- Bloomberg
China Equity Market Value Nears Watershed Level on Fund Inflow
The combined market capitalization of the Shanghai and Shenzhen stock exchanges is climbing toward a milestone level of 100 trillion yuan ($13.9 trillion) on strong fund inflows. The level is nearly double a landmark 2015 peak. While China's stock market was often criticized for stagnant trading over much of the past decade, the growth in market cap shows the scope of equity investment.
Bloomberg
10-07-2025
- Business
- Bloomberg
Pentagon Invests in Rare Earth Magnet Producer to Back New Plant
Rare earth magnet producer MP Materials Corp. secured a $400 million equity investment from the US Department of Defense to build a new plant, with a $1 billion financing commitment from JPMorgan Chase & Co. and Goldman Sachs Group Inc. The shares soared. The operator of the US's sole rare earth mine in Mountain Pass, California, will construct a second magnet manufacturing plant, called the 10X Facility, at a 'soon-to-be-chosen' location, the company said in a statement. It jumped almost 50% in pre-market trading.
