China's Shenzhen Capital Group to commit $162m to domestic shipping fund

China's Shenzhen Capital Group to commit $162m to domestic shipping fund

Source: Macau Photo Agency/Unsplash

Shenzhen Capital Group, an investment firm based in southern China’s Shenzhen City, has agreed to make a capital commitment of 1.05 billion yuan ($162.1 million) to Shenzhen Shipping Fund, a government-guided fund that invests in the maritime transport industry.