Tianjin Medical Tycoon Raises $14 Billion to Invest in Tech Stocks

Tianjin’s medical tycoon, Liu Yi, continues his streak of investments in tech unicorns. On May 31, Liu’s controlled company, Jiuan Medical, announced a $103 million investment in the Hai Tang Tonghui Fund, which has signed an equity subscription agreement with Jieyue Xingchen, a hot large-scale company.…

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