CR Capital partners with Tencent unit to launch $147m healthcare fund

CR Capital partners with Tencent unit to launch $147m healthcare fund

Photo by Hike Shaw on Unsplash

State-owned China Resources Group’s investment vehicle CR Capital has entered into an agreement with tech giant Tencent’s digital health service arm Tencent Trusted Doctors and three Chengdu local government groups to launch a 1 billion yuan ($147 million) healthcare fund, CR Capital posted on WeChat on Tuesday.