Shenzhen-listed movie, television and music production firm Huayi Brothers Media Corp. has agreed to invest RMB1.9 billion (US$298 million) in Beijing Hero Mutual Entertainment Technology Co., Ltd., a mobile games company backed by Sequoia Capital, Zhen Fund, and China Renaissance Partner, according to a securities filing. After the completion of the deal, Shenzhen-listed Huayi Brothers […]

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