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BANK OF CHINA Plans to Establish Private Equity Fund for Tech & Innovation in Shenzhen, Involving RMB5B
2025-04-25 14:29:16
Shenzhen Zhongxin Pengxiang Tech Innovation Private Equity Investment Fund Partnership (literal translation of "深圳中鑫鵬翔科創私募股權投資基金合伙企業"), which is indirectly wholly owned by BANK OF CHINA (03988.HK) (601988.SH), was recently established with a capital contribution of RMB5 billion, Chinese media reported, citing data from Qichacha.

As a private equity fund, its business scope includes equity investment, investment management, and asset management.
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