China’s State-Owned Firm SIIC To Set Up $7.28B Fund For Biomedical Investments

Login to View

Shanghai Industrial Investment Co., a Chinese state-owned conglomerate, plans to launch an RMB50 billion (US$7.28 billion) fund for equity investments in China’s biopharmaceutical sector, said Zhou Jun, CEO and chairman of the company at the ninth State-Owned Assets Summit in Shanghai yesterday.

China Money Network

UNLOCK DATA
Subscribe & Access the Best Data and Intelligence on Chinese Venture Capital and Tech


Want to read this important story?

Access Over 11,000 stories and data posts over the past 8 years!

Register Now


Already have an account or paid subscription? Log in


RELATED NEWS