Hong Kong-listed conglomerate China Resources Enterprise (CRE) and Fung Investments, which is owned by Hong Kong’s Fung family, have set up a 50-50 joint venture (JV) to invest $300 million in quality brands, products, services, and technologies, the duo announced on Friday.
Start your deal-making journey now!
Subscribe now to enjoy unlimited access at just $59.
Premium coverage on private equity, venture capital, and startups in Asia.
Exclusive scoops from our reporters in nine key markets.
In-depth interviews with industry leaders shaping the ecosystem.
Already a Subscriber? Log in
Contact us for corporate subscriptions at subs@dealstreetasia.com