SummitView Capital Teams Up With Chinese Government To Launch $433M Fund

News Source: China Money Network.

Chinese private equity firm SummitView Capital has teamed up with the local government of eastern China’s Xuzhou city to launch a RMB3 billion (US$433 million) fund. The new vehicle will finance the sensors and the Internet-of-Things (IoT) industries, the local government announced today at an event.

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