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Searching for "CITIC Guoan Group"
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Qihoo 360 to Backdoor List in China at RMB 50 Bln Valuation
SJEC, 11/03/17
Chinese internet services and security software provider Qihoo 360 will complete a backdoor A-shares listing in China through Jiangnan-based SJEC Corporation (601313.SH), at a valuation of RMB 50.416 bln, according to a restructuring plan released recently by SJEC. Read More
CITIC Guoan to Invest USD 20 Mln in American VR Broadcaster NextVR
CITIC Guoan Group, 7/01/16
CITIC Guoan Information Industry (000839.SZ), a subsidiary of CITIC Guoan Group, recently announced that it will invest USD 20 mln in cash through its Shanghai-based subsidiary Muyun Information Technology Investment to subscribe for 3,947,031 Class B Preferred shares of US-based virtual reality live streaming company NextVR, which will give CITIC a 2.27% stake. Read More
Rumor: Tencent, CITIC Guoan to Establish Online Life Insurance Firm
DoNews, 9/02/15
Chinese Internet and mobile services firm Tencent (0700.HK) will unite with CITIC Guoan Group (000839.SZ), a subsidiary of Chinese state-run CITIC Group Corporation, to establish an online life insurance firm, tentatively named Hetai Renshou, according to a person familiar with the matter. Read More
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