Tencent Invests RMB 450 Mln in Huayi Brothers
Tencent Tech, 5/09/11
Chinese Internet company Tencent (0700.HK) has announced a strategic investment of nearly RMB 450 mln in film and TV production firm Huayi Brothers (300027.SZ). Upon completion of the deal, Tencent will hold 4.6% of Huayi Brothers stock, making it the studio's largest corporate investor.
Keywords: film Internet investment Tencent Huayi Brothers 0700.HK 300027.SZ television