China Merchants Group, a state-owned conglomerate based in Hong Kong, backs $15B China-focused technology fund that aims to compete with SoftBank's Vision Fund (Financial Times)

Financial Times:
China Merchants Group, a state-owned conglomerate based in Hong Kong, backs $15B China-focused technology fund that aims to compete with SoftBank's Vision Fund  —  China Merchants Group has teamed up with a London-based firm to launch a new Rmb100bn ($15bn) technology investment fund with aim …

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