On July 29, Zheshang Industrial Investment Fund was launched in Hangzhou. The RMB 5 billion fund has come as the first of its kind in Zhejiang at the provincial level.
Jointly initiated by Bank of China Group Investment Limited ( BOC Investment ) and Zhejiang Provincial Railway Group Investment Limited, and approved by Zhejiang provincial government, the industrial investment fund with limited partnership is an investment vehicle targeting at stock rights in businesses in China, creditor s rights related to stock rights, and other rights which can be transferred to stock rights.
Jointly initiated by Bank of China Group Investment Limited ( BOC Investment ) and Zhejiang Provincial Railway Group Investment Limited, and approved by Zhejiang provincial government, the industrial investment fund with limited partnership is an investment vehicle targeting at stock rights in businesses in China, creditor s rights related to stock rights, and other rights which can be transferred to stock rights.
