CCB $400 Million Healthcare Fund Considering ex-China Investments
10/1/2010 12:45:05 PM
October 1, 2010 -- China Construction Bank International's $400 million health care fund is in the "exploratory stage" of investing in ex-China companies, according to Keyong Ren, Chief Investment Director of the fund. So far, the fund has invested only in China companies. However, any investment in a US company would be conditional on "obtaining exclusive China market right to the proprietary technology," he stated. More details....