Shang Qi Capital, a private equity arm of Chinese investment company SAIC Capital, announced on Friday the final closing of a new fund at RMB1 billion (US$145.36 million) as the investment outfit doubles down on investments in the automobile industry. The new private equity fund will continue leveraging Shang Qi Capital’s specialty in backing companies […]
SAIC Capital’s PE Unit Closes $145M New Fund For Automobile Investments comes originally from China Money Network. All Rights Reserved.