China State-Owned PICC Capital Insurance Asset Management to Setup $1.4 Billion Private Equity Fund
1st August 2024 | Hong Kong
China state-owned PICC Capital Insurance Asset Management is planning to setup a new $1.4 billion (CNY 10 billion) private equity fund. PICC CAPITAL INSURANCE ASSET MANAGEMENT CO., LTD. is a wholly-owned subsidiary of The People’s Insurance Company (Group) of China Limited (“PICC”, Stock Code: 601319.SH, 1339.HK), which invests extensively in infrastructures, energy resources, modern industries, technology and innovation, healthcare, etc., providing multiple financial solutions for local governments and corporate customers, as well as generating long-term and stable investment returns for institutional investors.
“ China State-Owned PICC Capital Insurance Asset Management to Setup $1.4 Billion Private Equity Fund “
PICC CAPITAL INSURANCE ASSET MANAGEMENT CO., LTD. is a wholly-owned subsidiary of The People’s Insurance Company (Group) of China Limited (“PICC”, Stock Code: 601319.SH, 1339.HK), which invests extensively in infrastructures, energy resources, modern industries, technology and innovation, healthcare, etc., providing multiple financial solutions for local governments and corporate customers, as well as generating long-term and stable investment returns for institutional investors.
China State-Owned PICC Capital Insurance Asset Management to Setup $1.4 Billion Private Equity Fund
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