Qingdao Ronghai Leads $29M Round In Chinese Fintech Start-Up Hairongyi.Com

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Qingdao Ronghai State-Owned Asset Management Company, an investment entity owned by the state-owned asset management office of Licang district in Qingdao city, has led a RMB200 million (US$29 million) series A round in Hairongyi.com, a financial technology start-up backed by Haier Financial Holdings.

China Money Network

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