China Everbright Limited, a subsidiary of state-owned financial giant China Everbright Group, has teamed up with Wuhan East Lake High-tech Development Zone (also known as Optics Valley), China Everbright Bank and Everbright Jin’ou Asset Management Co., Ltd to launch East Lake Guangkong Kejin Innovation Fund with a size of 1 billion yuan ($142 million), according to a company statement.
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