Yuyue Capital, founded in April this year by former Legend Capital managing director, Liu Erhai, has raised US$200 million for its debut venture fund, according to Chinese media reports. Liu left Legend Capital earlier this year, after spending 12 years in the Beijing-based venture firm. The new fund focuses on making early-stage investments, mostly series […]

Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.

Visit the original source and full text: China Money Network