Shanxi Province Sets Up 10 Billion Yuan Manufacturing Revitalization Equity Fund
Shanxi Province has established a manufacturing revitalization and upgrade equity investment fund with a total capital contribution of about 10 billion yuan. The limited partnership will engage in private equity investment, investment management, and asset management. Key contributors include Shanxi Production Investment Capital Management Co. , Ltd. and Shanxi Coking Coal Group Co.
Shanxi Province Manufacturing Revitalization and Upgrade Equity Investment Fund (Limited Partnership) has been recently established with a capital contribution of approximately 10 billion yuan. The fund's business scope includes conducting equity investment, investment management, and asset management through private equity funds. Investors in the fund include Shanxi Production Investment Capital Management Co. , Ltd. and Shanxi Coking Coal Group Co.
Why this event matters
The event has a measured impact on 3 industrys. The strongest current signal is positive for Coal, with intensity 50/100 and 70% confidence over a medium term horizon.
Coal
- Direction
- positive
- Intensity
- 50
- Confidence
- 70%
- Horizon
- Medium term
Steelmaking
- Direction
- positive
- Intensity
- 40
- Confidence
- 60%
- Horizon
- Medium term
General Industrial Equipment
- Direction
- positive
- Intensity
- 40
- Confidence
- 60%
- Horizon
- Medium term
Impact figures are analytical estimates that combine direction, intensity, confidence and event importance. They are not investment advice.