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

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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.

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