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Aggregated China Business Blogs
IDG, China Lodging $56M Private Placement In Quanjude Gets Board Approval
Aggregated Source: China Money Network
Beijing-based Chinese catering chain Quanjude Group Co. Ltd. says the company plans to raise a total of RMB350 million ($56 million) by offering 24.95 million ordinary shares through a private placement. The deal has been approved by the company's board, according to a regulatory filing. IDG Capital Partners and China Lodging Group, a domestic hotel […]

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