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China's listed media firms set up industry funds to expand presence

BEIJING
2015-12-23 14:45

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Four Chinese listed media companies recently established industry funds to expand their presence in the media market.

These four companies are China South Publishing & Media Group Co., Ltd. (601098.SH), China United Travel Co., Ltd. (600358.SH), Guangzhou Pearl River Piano Group Co., Ltd. (002678.SZ), and Zhejiang Huamei Holding Co., Ltd. (000607.SZ).

Meanwhile, according to data-service provider Wind Info, venture capital investments involving listed media companies in China were worth 15.194 billion yuan since the start of 2014.

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