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Shanghai presses ahead into secondary market with new 10b yuan fund

Shanghai presses ahead into secondary market with new 10b yuan fund

Image by Zhou Xian from Unsplash.

Shanghai Sci-Tech Innovation Center Capital — the strategic investment arm of state-owned Shanghai International Group (SIG) — is planning to launch a 10-billion-yuan ($1.4 billion) secondary fund, state media reported on Thursday. 

Edited by: Joymitra Rai