Sino IC Capital is responsible for managing the assets of the China Integrated Circuit Industry Investment Fund, or ‘Big Fund’. Photo: Shutterstock
Sino IC Capital is responsible for managing the assets of the China Integrated Circuit Industry Investment Fund, or ‘Big Fund’. Photo: Shutterstock

Former China chip fund executive expelled from Communist Party for bribery, graft

  • Beijing-based Sino IC Capital is responsible for managing the assets of the state-backed China Integrated Circuit Industry Investment Fund, or ‘Big Fund’
  • Lu had bought and decorated company properties for ‘personal enjoyment’ and accepted gifts that could have ‘affected the fair execution of official duties’

Sino IC Capital is responsible for managing the assets of the China Integrated Circuit Industry Investment Fund, or ‘Big Fund’. Photo: Shutterstock
Sino IC Capital is responsible for managing the assets of the China Integrated Circuit Industry Investment Fund, or ‘Big Fund’. Photo: Shutterstock
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