August 13, 2020

SK China, Hillhouse Capital to form W1tr fund

PUBLISHED : December 02, 2019 - 16:29

UPDATED : December 02, 2019 - 16:31

  • 본문폰트 작게
  • 본문폰트 크게
  • 페이스북
  • 트위터
  • sms

SK Group’s Chinese unit is setting up a 1 trillion won ($848 million) worth fund with Hillhouse Capital, according to a local media outlet.

SK China, which was founded in 2000 to oversee the group’s business in the country, will invest 100 billion won as part of its efforts to find future growth engine in China, according to a report by Korea Economic Daily citing anonymous industry sources. 

SK China headquarters in Beijing
(SK Group)

Hillhouse Capital, a well-known Chinese investor whose investment portfolio includes Chinese tech giants Tencent Holdings and Meituan and Woowa Brothers and Market Kurly in South Korea, will inject 900 billion won in the fund, the report said.

By Park Ga-young (

  • 페이스북
  • 트위터
  • sms
Herald Corporation|CEO : Kwon Chung Won
Publisher. Editor : Kwon Chung Won
Chief Privacy Officer & Juvenile Protection Manager : Yang Sung-jin
Title : The Investor|Date of registration : 2015.04.28
Company Registration No. 104-81-06004
Mail-Order Business Registration 2016 - Seoul Yongsan - 00590
Huam-ro 4-gil 10, Yongsan-gu, Seoul, Korea
T : +82-2-727-0114|Business info
Gov’t registration No. Seoul 아04099