Jun 25, 2018
China Pacific Life Insurance, a subsidiary of China Pacific Insurance Group (2601.HK) (601601.SH), recently invested approximately RMB 1.6 bln in Ant Financial, the financial services affiliate of Chinese e-commerce conglomerate Alibaba Group (NYSE: BABA), according to information released by the Insurance Association of China.
Shenzhen-based Lanren Online Technology, operator online and mobile audiobook platform Lanren Tingshu (literally "Lazy People Audiobooks"), has announced the completion of RMB 200 mln in Series C funding jointly led by Time Publishing and Media (600551.SH), Shenzhen Qianhai Tianhe Culture Industry Fund Management and Fuhui Capital.
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