mobile6Beijing-based installment payment e-commerce firm Qufenqi has raised RMB3 billion (US$449 million) in pre-IPO investment from two A-share listed companies, with participation from existing investors. The two A-share listed companies are Beijing Phoenix Wealth Holding Group and Hangzhou Liaison Interactive Information Technology, the company said. China Money Network couldn’t verify the identity of Beijing Phoenix […]

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.