Joo Yong-tae (left), head of Seoul’s economic affairs, and Steven Wang, CEO of HighLight Capital, hold up the agreement for a commemorative photo during the investment-attraction signing ceremony between the Seoul Metropolitan Government and HighLight Capital on Tuesday. (Seoul Metropolitan Government)
Seoul has secured a $50 million investment commitment through a memorandum of understanding with a major Chinese health care venture capital firm, as the city moves to deepen cross-border cooperation in finance, biotechnology and robotics, officials said Wednesday.
According to the Seoul Metropolitan Government, its economic delegation visited Shanghai and Hangzhou in China from Monday to Wednesday for meetings with leading investors and technology companies.
On Tuesday, Joo Yong-tae, the city’s economic affairs director general, met with Steven Wang, CEO of HighLight…
