Ideanomics has entered into a 50-50 joint venture with Business Big Data PTE, Ltd./Seasail Ventures (BBD) to create an investment company focused on new infrastructure projects in China.
The investment company will develop an AI-enhanced China new infrastructure bond product, introduce capital, and fund advisory. The investment company will utilize BBD's artificial intelligence technology to provide risk management and selection models for equity and fixed-income products. Its bond product will be the first fund of its kind that enables investors to access value in China's new infrastructure growth.
The seven key development areas for new infrastructure construction are: 5G, UHV, intercity highways and intercity rail transit, new energy vehicle charging stations, big data centers, artificial intelligence, and the industrial internet.
The joint venture company has plans to create an offshore fund that invests in Chinese bonds and equities that are focused on the
