Deals & Dealmakers - 24th March 09

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    Huaxia Bank JV; Real Gold IPO; Nine Dragons senior notes buyback

    Huaxia Bank forms JV fund management company
    Huaxia Bank has formed a Rmb250 million (US$36.6 million) fund management company joint venture with London-based F&C Asset Management.

    The Beijing-based, Shanghai-listed lender will own 70.5% of the venture with F&C holding 19.5%. The remaining share is expected to be held by a Chinese state-owned company.

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