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China launches social security fund-backed $707 million investment fund in Shanghai

BEIJING : An investment fund backed by China's National Social Security Fund was launched in Shanghai, with a size of 5.1 billion yuan ($707.24 million) for its first phase, the financial regulatory authority in Shanghai said on Thursday.The fund, to be managed by investment firm IDG Capital, will focus

China launches social security fund-backed $707 mln investment fund in Shanghai

An investment fund backed by China s National Social Security Fund was launched in Shanghai, with a size of 5.1 billion yuan for its first phase, the financial regulatory authority in Shanghai said. -November 22, 2023 at 10:07 pm EST - MarketScreener

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