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

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

100 Yuan notes are seen in this illustration picture in Beijing November 5, 2013. REUTERS/Jason Lee/Files

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.

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