
CCBI Healthcare Fund makes two investments
CCB International, the investment arm of China Construction Bank, has made two investments in the medical sector, including an RMB150 million ($36.9 million) capital injection into Luyan, a medical company in Fujian, and an RMB100 million ($14.7 million) investment into Lerentang Pharmaceutical, a pharmaceutical distributor in Hebei.
CCMB admitted those investments, but declined to disclose further information. These investments were made from the CCBI Healthcare Fund, China’s first healthcare-focused fund and China Construction...
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