Government-backed Shenzhen Capital Group Co., Ltd. has teamed up the Beijing Film Academy to launch a film and TV investment fund with a fundraising target of RMB5 billion (US$781 million), according to Chinese media reports. The fund, dubbed Beidian Hongtu Film, will first raise RMB2 billion (US$313 million) to invest in film and TV production […]

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.