Principle Capital and Shanghai Elegant Investment Co., Ltd have led a RMB300 million (US$45 million) funding round in Hongyuan Era Sports Industry Group, a Chinese sports training, events and technology company. The two investment firms are both founded by former executives at Huaxia Fund Management Group Ltd., a Chinese investment management firm. Enthusiasm in the […]

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.