this post was submitted on 10 Feb 2026
5 points (100.0% liked)

China News

90 readers
8 users here now

A community for china news

founded 3 months ago
MODERATORS
rss@news.abolish.capital
Salamence@lemmy.zip
RedWizard@news.abolish.capital
5
Tech war: Shanghai boosts chip fund 11-fold under China’s self-sufficiency drive (www.scmp.com)
submitted 4 days ago by rss@news.abolish.capital to c/china@news.abolish.capital
0 comments fedilink hide all child comments
 

The Shanghai Integrated Circuit Industry Investment Fund, backed by the municipal government, has expanded one of its three funds more than 11-fold to pump more capital into the financial hub’s chip firms as part of China’s broader pursuit of tech self-reliance. The third phase of the fund, also known as Shanghai IC Fund III, recently increased its registered capital by 5.5 billion yuan (US$794 million) to 6 billion yuan, according to business registry database Aiqicha. It added two new equity...

From China - South China Morning Post via This RSS Feed.

no comments (yet)
sorted by: hot top controversial new old
there doesn't seem to be anything here