KIP Closes $145M Fourth RMB Fund To Invest In China’s Healthcare, Retail Sectors

Korea Investment Partners (KIP), the investment arm of financial services provider Korea Investment Holdings, has reached the final close of its fourth RMB-denominated fund at RMB1 billion (US$145.10 million) to invest in China’s biotech, healthcare and retail industries, said KIP in a statement released on its WeChat official account on December 24.

China Money Network

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