East Money Information to Invest 200 Million Yuan in Partnership Fund

MT Newswires Live07-06

East Money Information (SHE:300059) agreed to invest 200 million yuan in a partnership fund, according to a Shenzhen bourse filing on Saturday.

The Chinese financial services provider's shares rose 2% during Monday's morning trade.

The partnership fund, Shanghai Yunfeng Yuanchuang Private Equity Fund Center (Limited Partnership), aims to raise capital of up to 3 billion yuan.

The registered business term of the partnership is 30 years.

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