China's Sinopec Capital launches debut fund to raise $730m for emerging industries

China's Sinopec Capital launches debut fund to raise $730m for emerging industries

Beijing, China

Sinopec Capital, an investment arm of Chinese state-owned petroleum and gas giant Sinopec Group, launched its first fund on Tuesday to invest 5 billion yuan ($730 million) in emerging industries.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter