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Update: Leshi Internet, Guoan Soccer Club Halt Cooperation Deal
Tencent Tech, 10/26/16
The Beijing Guoan soccer club has announced an end to its partnership with Chinese online video and internet TV content provider Leshi Internet Information and Technology (300104.SZ). 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
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