Huayi And Tencent Take Over Hong Kong Shell, Plan Acquisitions

Chinese movie studio Huayi Brothers Media Corp. and Tencent Holdings Ltd. have completed taking over control of a Hong Kong shell company to serve as an offshore platform for their internationalization efforts. China Jiuhao Health Industry Corp., a retirement home developer listed in Hong Kong, has been renamed Huayi Tencent Entertainment. Huayi Tencent Entertainment has […]

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Read the original article: China Money Network