A RMB1.5 billion (US$217 million) fund of funds (FOF), specializing in fields like massive consumption, fintech and smart manufacturing, was launched on December 14 for industrial merger and acquisition in China’s growing economic and business hub, the Greater Bay Area. The local government of southern China’s industrial city Dongguan has invested RMB500 million (US$63.99 million) […]
China’s Dongguan City Launches $217M FOF For Greater Bay Area’s Emerging Industries appeared first on China Money Network.