China's Jinsheng Capital ties up with Walvax to launch biomedicine fund at $87m

China's Jinsheng Capital ties up with Walvax to launch biomedicine fund at $87m

Chinese financial management firm Jinsheng Capital has partnered with Shenzhen-listed biopharma enterprise Walvax Biotechnology to set up Zhuhai Hengqin Walvax, a private equity (PE) fund with a focus on biomedicine investments, according to a company statement.