China: RJ Capital, Tempus eye $300m joint fund; SBCVC backs Ankon's $100m round

Chinese Yuan notes. Photo: Reuters

RJ Capital Group and Tempus Holdings are partnering for a new $300-million investment fund targeted at companies benefiting from the consumer upgrade trend in China, while SB China Venture Capital (SBCVC) joined the $100-million round backing gastric diagnosis systems developer Ankon Technologies Co Ltd, the China Money Network reported.

RJ Capital, Tempus Group eye $300m joint fund

Chinese investment and advisory firm RJ Capital Group, and Shenzhen-based conglomerate Tempus Holdings have partnered anew to launch a new $300-million investment fund to back companies benefiting from the consumer upgrade trend in China.

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