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BRIEF-Shenzhen Quanxinhao to set up buyout fund in Shenzhen with Tibet private equity firm
March 15, 2017 / 9:29 AM / 6 months ago

BRIEF-Shenzhen Quanxinhao to set up buyout fund in Shenzhen with Tibet private equity firm

March 15 (Reuters) - Shenzhen Quanxinhao Co Ltd :

* Says the co or its wholly owned subsidiary will invest 50 million yuan to set up a buyout fund in Shenzhen, with a Tibet-based private equity company

* Says the fund will be engaged in insurance industry investment and will be capitalized at 51 million yuan

Source text in Chinese: goo.gl/sz0q3b

Further company coverage: (Beijing Headline News)

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