China Unwinds Its Position: 2 Crypto Funds From State-Owned Company In Hong Kong

Chinese government-backed insurance company China Pacific Insurance has launched two cryptocurrency funds in Hong Kong.

In a news published by a local agency recently, China’s largest from insurance companies of China Pacific Insurance (CPI) investment unit CPI Investment Management with Waterdrip Capital’s jointly two cryptocurrency funds in Hong Kong reported that it was released.

News Hong Kong investment company Waterdrip Capital by approved. Company, your funds On Hong Kong’s cryptocurrency industry incentive applications over has been started stated.

From the funds released to the market Pacific Waterdrip Digital Asset Fund 1 early stage of venture capital fund named to blockchain projects while focusing on Pacific Waterdrip Digital Asset Fund 2 proof of share (PoS) assets reported to invest.

In addition, both funds institutional investors And family businesses It was among the information given that it appealed to high net worth investors such as

Recently, the cryptocurrency industry innovative policies with the world new cryptocurrency center aiming to be of Hong Kong soon Chinese government by indirectly supported about A lot The news has emerged.

Experts, Chinese government, Shanghai local government And of China Securities Finance is a shareholder your CPI for cryptocurrencies investment interest Chinese government’s industry to the changing attitude He said he could point it out.


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