June 2024 - Page 16

Insurance boosts tech with fund influx.

June 4, 2024
TLDR: – Insurance funds are being used to boost technology industries in China, providing long-term and patient capital throughout the full life cycle of companies. – Companies like China Life Asset Management

Tech thrives with insurance financing

June 4, 2024
TLDR: Insurance funds are boosting technology development in China, particularly in the chip industry. China Life Asset Management Co Ltd set up an 11.8-billion-yuan S fund to invest in emerging industries like