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Beijing city targets raising $1.5 billion fund in tech push: sources

Beijing city targets raising $1.5 billion fund in tech push: sources

Postby smix » Wed Feb 27, 2019 4:31 am

Beijing city targets raising $1.5 billion fund in tech push: sources
Reuters

URL: https://www.reuters.com/article/us-beij ... SKCN1QF0NO
Category: technologyNews
Published: Tue, 26 Feb 2019 02:09:47 -0500

Description: An investment firm backed by the Beijing city government is in talks with prospective investors to raise over 10 billion yuan ($1.5 billion) in its first fund aimed mainly at cutting-edge tech investments, said two people with direct knowledge.
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