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Aggregated China Business Blogs
IDG Capital and China Lodging Invest $56M In Quanjude
Aggregated Source: China Money Network
Beijing-based Chinese catering chain Quanjude says the company will raise a total of RMB350 million ($56 million) by offering 24.95 million ordinary shares through a private placement. IDG Capital Partners and China Lodging Group, a domestic hotel group, will buy the new shares of the Shen Zhen Stock Exchange-listed Quanjude. IDG will purchase 17.8 million […]

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