China's Yingke PE raises $155m for RMB fund, total fundraising this year stands at $2b

China's Yingke PE raises $155m for RMB fund, total fundraising this year stands at $2b

Shanghai, China. Photo by Li Yang on Unsplash

Chinese investment firm Yingke PE announced on Wednesday that it has raised 1 billion yuan ($155.4 million) for a new RMB-denominated fund, bringing the firm’s total fundraising amount so far this year to over 13 billion yuan ($2 billion).

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