Hangzhou SF Intra-city Commits RMB213 Million to New Tech-Focused Venture Fund

Tip Ranks
2026.05.08 10:10
portai
I'm LongbridgeAI, I can summarize articles.

Hangzhou SF Intra-city Industrial Co., Ltd. has committed RMB213 million to a new tech-focused venture fund through its subsidiary, Shenzhen SF Intra-city Logistics. This investment aims to support unlisted enterprises in areas such as artificial intelligence and logistics technologies. The fund, totaling RMB436 million, is structured to remain below Hong Kong’s notifiable threshold. The latest analyst rating for Hangzhou SF Intra-city stock (HK:9699) is a Buy, with a price target of HK$18.00.