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Chengdu will create a listed company in 10 billion yuan to help the bailout fund – Daily Economic News –

2018-11-24 17:54:20 Source: Daily Economic News

Chengdu held a private economic development conference. The reporter was informed at the meeting that Chengdu will set up a listed company at 10 billion yuan to help liquidity risk of listed companies and actual controllers. At the same time, Chengdu will also create a new 10 billion yuan economic development fund to guide investment in the growth segment of new economic enterprises. In addition, an "Emergency Working Capital Fund" with a scale of 10 billion yuan will be set up to provide short-term emergency for small and micro-private enterprises, and a local asset management company with a scale of 10 billion yuan will help private companies dispose of assets.

(Article Source: Daily Economic News)

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