State-owned fund manager to raise $1.14b for investments in Chengdu

State-owned fund manager to raise $1.14b for investments in Chengdu

2019 Western China Capital Innovation Summit

A fund management affiliate of Chinese state-owned Chengdu Jiaozi Financial Holding Group has entered into agreements to launch 11 sub-funds, targeting to raise about 8 billion yuan ($1.14 billion) in total for industries underscored by the local authorities in southwestern China’s Chengdu city.