上海浦东科创母基金启动 - 2019年10月11日

A new fund to promote innovation in the Pudong New Area was launched on Thursday.
The Pudong Science and Technology Innovation Fund is a fund of funds (FoF) that invests in other special funds, formed by Pudong’s state assets watchdog, state-owned companies and financial institutes.
The fund was launched with an initial investment of 5.5 billion yuan (US$773 million), operated and supervised by the Pudong Investment Holdings Group. The money will be invested in several special funds which focus on Pudong’s core industries including integrated circuits, smart manufacturing, and aviation and aerospace.