China Digest: State investors pump capital into Grand Hitek, BWI Group

China Digest: State investors pump capital into Grand Hitek, BWI Group

A Chinese flag is displayed next to a "Made in China" sign seen on a printed circuit board with semiconductor chips, in this illustration picture taken February 17, 2023. REUTERS/Florence Lo/Illustration/File Photo

Chinese semiconductor equipment maker Grand Hitek and auto parts supplier BWI Group have each raised 500 million yuan ($68.7 million) in new financing.   

Edited by: Joymitra Rai

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