In Brief

PUBLISHED : Thursday, 25 June, 2009, 12:00am
UPDATED : Thursday, 25 June, 2009, 12:00am

China Everbright to set up 500m yuan venture-capital fund

China Everbright said it had reached agreement with the Jiangyin government in Jiangsu province and a number of companies to set up a 500 million yuan venture-capital fund to invest in technology companies. The Beijing-backed financial company did not reveal details. Carol Chan