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Guangdong Establishes RMB50B Strategic Emerging Industries Fund
2025-12-23 13:18:13 The Guangdong Provincial Strategic Emerging Industries Investment Guidance Fund (literal translation of "廣東省戰略性新興產業投資引導基金"), wholly owned by the Guangdong Provincial Department of Finance, was officially established in Guangzhou last week with a registered capital of RMB50 billion. As of yesterday (22nd), the fund invested RMB4 billion in just four days in the Guangdong-Hong Kong-Macao Greater Bay Area Venture Capital Guidance Fund (literal translation of "粵港澳大灣區創投引導基金") under the National Venture Capital Guidance Fund (literal translation of "國家創業投資引導基金"), completing its first external investment, according to the 21st Century Business Herald. ~ AASTOCKS Financial News Website: www.aastocks.com | |