News Asia06 Jan 2023

China:Insurance giant invests in Yangtze River Delta private equity fund

06 Jan 2023

Insurance giant China Pacific Insurance (CPIC) and brokerage Guotai Junan Securities are among the first Chinese firms to participate in a new CNY10bn ($1.45bn) private equity fund targeting the hi-tech industry in the Yangtze River Delta region, which encompasses Shanghai and the surrounding area.

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