CITIC And SBCVC To Inject $50M In Digital Domain To Bet On Virtual Reality

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CITIC Ltd. and SB China Capital (SBCVC) have invested HK$190 million (US$24.5 million) in Hong Kong-listed visual effects content producer Digital Domain Holdings Ltd. as strategic investors, the companies announced. The two investment firms and a private investor named Zheng Hao Investments Ltd. acquired HK$84 million, HK$84 million and HK$22.512 million worth of convertible notes […]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.