The Taiwan-based financial services firm is aiming to raise up to $300m in funding for a corporate venturing unit which will operate in mainland China.
Financial holding firm Chinatrust Financial is looking to raise $300m for a corporate venturing fund to invest in Taiwanese companies which are operating in mainland China, according to a report from news agency Reuters on Thursday last week.
Daniel Wu, president of Chinatrust, revealed in a media briefing that Chinatrust is currently holding talks to do with fundraising with several state-run conglomerates and financial institutions on the mainland. Wu also stated that Chhinatrust is hoping to establish a leasing firm…
