CITIC Capital, the investment arm of Chinese state-owned conglomerate CITIC Group, is raising at least US$2 billion for a new fund to invest in distressed assets in the country’s real estate sector, said its chairman and chief executive at the World Economic Forum in Davos on Wednesday.
UNLOCK DATA
Subscribe & Access the Best Data and Intelligence on Chinese Venture Capital and Tech
Want to read this important story?
Access thousands of news articles and data posts over the past 9 years!
Already have an account or paid subscription? Log in
