Chinese insurers set for VC fund investment
Rules announced this week could see mainland insurance firms pour $32 billion into venture capital funds in a potential boon for smaller companies.
This week’s move to allow Chinese insurers to invest in venture capital (VC) funds could see as much as Rmb200 billion ($32 billion) flow to small and mid-sized mainland companies. It also reflects the accelerating liberalisation of investment rules for the mainland insurance industry.
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