Principle Capital Co-Leads $45M Venture Round In Hongyuan Era Sports

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Principle Capital and Shanghai Elegant Investment Co., Ltd have led a RMB300 million (US$45 million) funding round in Hongyuan Era Sports Industry Group, a Chinese sports training, events and technology company. The two investment firms are both founded by former executives at Huaxia Fund Management Group Ltd., a Chinese investment management firm. Enthusiasm in the […]Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.