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Market Cap of China's Listed Internet Firms Up 5.6% QoQ in Q4 2020
CAICT, 1/07/21
As good fiscal stimulus and vaccine news in countries around the world boosted global stock markets in Q4 2020, total market cap of China's publicly traded Internet companies rose 5.6% QoQ to RMB 17.8 trln, reports the Policy and Economics Research Institute of the China Academy of Information and Communications Technology (CAICT), a department of China's Ministry of Industry and Information Technology (MIIT). Read More
Finance Firm 'Baocheng' to Acquire Game and Film Companies
Baocheng Investment, 1/12/15
Chinese capital management firm Baocheng Investment (600892.SH) has announced plans to raise nearly RMB 2.5 bln to acquire Shenzhen-based online game developer Taole Network Technology and Beijing-based film studio Zhonglian Chuandong (Vision Power). Read More
Chinese Game Operator Sunity to IPO on Nasdaq
DoNews, 9/28/10
Chinese online game developer and operator Sunity Online Entertainment Ltd. has applied for an IPO on the Nasdaq Global Market under the symbol "SUNG," according to a recent Securities and Exchange Commission filing. Read More
Leyou Obtains Third-Round Funding
Beijing Times, 7/03/08
Hu Chao, CEO of domestic all-in-one childcare products side Leyou, announced yesterday that his company had received a total of USD 37 mln from Deutsche Bank and AsiaVest Partners in its third round of funding. Read More
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