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Sunday, Nov 27, 2022

China's chip conglomerate Unigroup gets state-backed investors, Alibaba out of deal

China's chip conglomerate Unigroup gets state-backed investors, Alibaba out of deal

A consortium led by Beijing Jianguang Asset Management and Wise Road Capital will become a strategic investor in Chinese chip conglomerate Tsinghua Unigroup, the company said on Friday.
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