GTHT Plans 20 Billion Yuan Shanghai Navigation Tech Innovation Fund With AI as Key Focus
Guotai Haitong announced on Oct 28 that its wholly owned GTHT Kaiyuan, with partners including an international-group asset manager, will set up the Shanghai Navigation T…
Guotai Haitong announced on Oct 28 that its wholly owned GTHT Kaiyuan, with partners including an international-group asset manager, will set up the Shanghai Navigation Technology Innovation Fund with 20 billion yuan of committed capital, 4 billion from GTHT Kaiyuan as manager and 2 billion from the international group, investing only in approved sub-funds targeting new-generation IT, high-end equipment, new materials, biomedicine, artificial intelligence and digital economy. The fund joins a wave of local AI-focused vehicles as Beijing, Shanghai, Zhangjiang and Hengqin pledge 1.8-2.2 billion yuan data-center and innovation support, betting on China's AI industrial chain.
Source: Cailian Press / Guotai Haitong, Oct 28, 2026 | 2026-10-28
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