China Sovereign Wealth Fund National Social Security Fund & Shenzhen Capital Group Setup $710 Million Industrial Investment Fund In Shenzhen to Invest in Science & Technology Innovation Enterprises in the Greater Bay Area
10th March 2024 | Hong Kong
China sovereign wealth fund National Social Security Fund & Shenzhen Capital Group (Shenzhen government investment arm) have setup a $710 million (CNY 5.1 billion) industrial investment fund in Shenzhen to invest in science & technology innovation enterprises in the Greater Bay Area (GBA). The National Council for Social Security Fund will invest CNY 5 billion and Shenzhen Capital Group will invest CNY 100 million. Founded in 2000, the National Social Security Fund has more than $400 billion AUM (Assets under Management).
“ China Sovereign Wealth Fund National Social Security Fund & Shenzhen Capital Group Setup $710 Million Industrial Investment Fund In Shenzhen to Invest in Science & Technology Innovation Enterprises in the Greater Bay Area “
China Sovereign Wealth Fund National Social Security Fund & Shenzhen Capital Group Setup $710 Million Industrial Investment Fund In Shenzhen to Invest in Science & Technology Innovation Enterprises in the Greater Bay Area
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