Taiwan’s MasterLink To Establish $16M Venture Fund In Tianjin

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Taiwanese brokerage firm MasterLink Securities Corporation has won regulatory approval to set up a RMB100 million (US$16 million) venture capital fund in the city of Tianjin in China, according to a company announcement.

The fund, which initially is targeting to invest in emerging sectors including biotechnology and healthcare, will begin operation in March 2015, together with the launch of the Tianjin Free Trade Zone.

China Money Network

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