UOB to launch Sino-Singapore fund in Chongqing
UOB Venture Management (UOBVM) will launch a Chongqing-based private equity fund of up to RMB100 billion ($15.4 billion) that will invest in companies addressing the China and Singapore markets.
UOBVM, a subsidiary of Singapore's United Overseas Bank, will work on the initiative with state-owned Chongqing Yufu Asset Management, Ping An Insurance and Tus-Holdings, which operates the Tsinghua University...
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