Asia
Tongyu Communication's Partnership Fund Completes Registration
Tongyu Communication (SHE:002792) said a partnership fund it co-funded as a limited partner completed its filing and registration, according to a Shenzhen bourse filing on Saturday.The Chinese communications equipment manufacturer's shares dropped 4% lower on Monday.The Huaxia Zhuoyao Venture Capital Fund (Beijing) Partnership (Limited Partnership) was established to invest in enterprises manufacturing satellites.The company invested 10 million yuan into the partnership fund.
SHE:002792