Chen Guangming-led China's Foresight Fund lures $17b in a day

Chen Guangming-led China's Foresight Fund lures $17b in a day

Traffic move down the third ring road in Beijing, China, on Monday 15 May, 2017. Photographer: Qilai Shen/Bloomberg

A money manager founded by one of China’s most famous traders closed orders for a new fund three days earlier than planned, with investors clamoring to get into the offering.

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