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A group of Chinese tech companies, including Alibaba and CXMT, launches a ~$577M PE fund to boost China's "hard tech" sectors amid tightening US export curbs (Ann Cao/South China Morning Post) from Techmeme RSS feed.
A group of Chinese tech companies, including Alibaba and CXMT, launches a ~$577M PE fund to boost China's "hard tech" sectors amid tightening US export curbs (Ann Cao/South China Morning Post)
Ann Cao / South China Morning Post:
A group of Chinese tech companies, including Alibaba and CXMT, launches a ~$577M PE fund to boost China's “hard tech” sectors amid tightening US export curbs — Chip giants launch a 3.91 billion yuan private equity fund to boost the country's ‘hard tech’ sectors amid tightening US export curbs