China's Yingke PE closes $1.5b RMB fund — its third in 2020

China's Yingke PE closes $1.5b RMB fund — its third in 2020

Shanghai, China. Source: Robynne Hu/Unsplash

Yingke PE, a Shanghai-based private equity and asset management firm, announced on Wednesday that it has raised 10 billion yuan ($1.5 billion) for its new renminbi-denominated fund — its third in 2020.

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