Caixin
Jul 29, 2022 04:44 AM
BUSINESS

Head of China’s Biggest Chip Investment Fund Under Probe

Ding Wenwu
Ding Wenwu

The head of China’s biggest semiconductor investment fund is under investigation in the latest of a series of graft scandals rattling the state-backed fund.

Ding Wenwu, president of China Integrated Circuit Industry Investment Fund, has been probed by authorities and remained out of contact, several people with knowledge of the matter told Caixin. The fund, known as the “Big Fund,” is a key part of China’s drive to develop its homegrown integrated circuit industry to reduce reliance on imported technology.

You've accessed an article available only to subscribers
VIEW OPTIONS
Share this article
Open WeChat and scan the QR code
NEWSLETTERS
Get our CX Daily, weekly Must-Read and China Green Bulletin newsletters delivered free to your inbox, bringing you China's top headlines.

We ‘ve added you to our subscriber list.

Manage subscription
PODCAST
Caixin Biz Roundup: China’s Covid Caseload Hits Six-Month High
00:00
00:00/00:00