China's Qiming Venture Partners sets up $500m fund to invest in listed firms: Report

China's Qiming Venture Partners sets up $500m fund to invest in listed firms: Report

Shanghai, China. Photo by Li Yang on Unsplash

Qiming Venture Partners, a China-focused venture capital (VC) firm that has invested in smartphone maker Xiaomi and food delivery giant Meituan, has set up its first fund to invest in listed companies, The Information reported.