China's Fujian province forms Taiwan-linked fund
Huifu Industrial Investment Fund Management Co., Ltd., the first cross-Straits industrial investment fund to be established in China, has been launched in Fuzhou with a target size of between RMB2-5billion ($295-738 million) in its first phase.
Fund formation was led by the State Development & Investment Corporation, a state-owned investment holding company in China, and Fujian Investment Group, s regional government-owned fund aiming to invest...
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