HSBC commits $3bn to Greater China venture debt fund
HSBC has earmarked USD 3bn for a Hong Kong and mainland China start-up lending programme. It marks the bank’s first foray into venture debt in Asia.
The capital, organised as HSBC New Economy Fund, will target early-stage, high-growth companies that already have VC backing in areas such as climate tech, industrials, consumers, and healthcare and life...
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