China's Dongfeng Motor sets up automobile industry equity investment fund, commits $90m

China's Dongfeng Motor sets up automobile industry equity investment fund, commits $90m

Dongfeng Motor Corporation

China’s state-owned auto giant Dongfeng Motor Corporation has agreed to make a 597 million yuan ($90 million) commitment to a motor industry equity investment fund, said a company filing to the Stock Exchange of Hong Kong on Monday.

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