Venture Capital
Beijing-based China Chengxin Credit, a credit information provider, has raised a RMB450 million (US$70.5 million) series A round from Citic Capital, Hillhouse Capital and others. Boyu Capital, Three Gorges Capital Holdings Co, Cherubic Ventures, Danhua Capital, Wanshi Capital and Harmony Riverside Investment Management also participated in the round, according to the China Chengxin Credit’s announcement on its official WeChat account. The firm provides credit information of individuals, companies and market research services.

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