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Rumor: JD Finance to Invest USD 1.5 Bln in Securites Firm 'First Capital'
Sina Tech, 9/15/17
Chinese B2C e-commerce platform JD.com's (Nasdaq: JD) online financing and retail investment platform JD Finance is reportedly in negotiations to invest approximately USD 1.5 bln to acquire a 24% stake in Shenzhen-based securities firm First Capital Securities (FCSC) (002797.SZ), according to an inside source. Read More
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