Shanghai-based online sports information community HuPu.com, backed by Greenwoods Asset Management Ltd., Morningside Ventures and other investors, is seeking a domestic initial public offering to raise RMB420 million (US$64 million). Shanghai-listed Chinese sporting goods firm Guirenniao Co., Ltd. holds a 16.1% stake in Hupu.com, and the two companies are engaged in strategic cooperation including plans […]
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
Any news and links syndicated from other sources are copyright those respective websites and/or publications. We post brief synopsis and links per what the respective websites' RSS feeds provide.