China’s biggest angel fund ZhenFund bets on boom led by young consumers

Posted by & filed under Venture Capital

ZhenFund, China’s largest angel investment fund, is betting rising spending by young consumers in the country on everything from fitness products and healthy food to designer furniture will create good investment opportunities amid a broader economic slowdown. The fund, which invests in early stage startups in the country, also sees digital entertainment,… Read more »

China Reform leads launch of $21.7B state-owned enterprises fund

Posted by & filed under Private Equity

Guangzhou Industrial Investment Fund Management Company (Guangzhou Fund), China Reform Holdings Co., Ltd and Shanghai Pudong Development Bank Co. Ltd. have jointly established an RMB150 billion (US$21.7 billion) investment fund. geared to invest and support reforms of state-owned enterprises. According to details announced, this new is fund geared towards financially supporting reforms… Read more »