HNA Group and China Construction Bank have agreed to jointly set up an industry fund to raise up to RMB20 billion (US$3.08 billion) as part of a deepening cooperation between the two companies, according to a company announcement. The parties did not specify where and how this industry fund will make investments. The fund will […]

Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.