Guangzhou-based GF Xinde Investment Management has launched a RMB100 million ($16 million) Internet and media-focused private equity fund with Shenzhen-listed animation company Guangdong Alpha Animation and Culture, according to a company announcement of Alpha Animation. The fund, named Zhuhai GF Xinde Alpha Industry Fund I, will invest early-stage start-ups across online gaming, advertising, literacy, online […]

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