Chinese Electrical Appliance Supplier Midea Group Launches Industrial Investment Fund

The wholly-owned investment arm of Chinese electrical appliance manufacturer Midea Group is launching an industrial investment fund worth between RMB1 billion (US$146.66 million) and RMB2 billion (US$293.32 million), said Midea Group in a document filed with the Shenzhen Stock Exchange on Wednesday. The fund will focus on investment opportunities in an array of "advanced manufacturing […]

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