China’s Shenzhen City Launches Two Funds Worth $360M In Total To Guide Private Capital Into Emerging Sectors

Shenzhen Qianhai Tongwei Capital Co., a subsidiary of investment firm Yicun Capital Co., has jointly rolled out an industrial fund and angel fund worth about US$360 million with Shenzhen government-backed funds and Shenzhen-based venture capitals. The industrial fund has raised RMB2 billion (US$287.97 million) in seed capital and co-launched by Shenzhen Government Guiding FOF and […]

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