CMC Capital Invests US$15M In WallStreetCn.Com

CMC Capital (China Media Capital) has invested RMB100 million (US$15 million) in Chinese financial news website and mobile app, according to Tencent Technology.

Founded in 2013, previously received investments from Ping An Insurance Company of China, Ltd. and Haitong Securities Co.

The investment follows CMC Capital’s investment in Caixin, China’s top financial news magazine and web portal in 2013.

CMC Capital, founded by Chinese media mogul Li Ruigang in 2010, is the most high-profile and active investors in the media and entertainment sector. claims to have unique monthly visitors of tens of million and daily unique visitors of over one million.