|Securities Times: OP Financial Investments Limited, FCSSC and EBS International Jointly Established the One-Belt-One-Road Fund, with 200 Million USD Initially Launched||
OP Financial Investments Limited (01140.HK), Finance Center for South-South Cooperation (FCSSC)and China Everbright Securities International Limited(EBS International)today signed a cooperation agreement in Hong Kong, announcing that they will jointly set up the “Belt and Road Fund” to expand their investment distribution in countries along the Belt and Road.
The Fund will explore M&A opportunities in line with UN Sustainable Development Goals and the Belt and Road Initiative for Chinese companies, covering clean energy, renewable energy, science and technology innovation, culture and sports, health care, agriculture and other industries that can continuously generate jobs. With a diversified investment & financing mode such as a combination of equity, debt and convertible bonds, the first phase of the Fund has a scale of 200 million USD (around 1.55 billion HKD), jointly funded by EBS International and OP Financial Investments.
In this tripartite cooperation, FCSSC will provide targeted strategic consulting and investment recommendations while OP Financial Investments and EBS International jointly make the investment decision as co-managers of the Fund. The three parties will actively explore investment projects in countries along the “Belt and Road”, make good use of their own resources to provide various consulting services and financial services such as financing & credit, investment banking and wealth management to the Fund and its funding projects.