Advantage Partners makes second Chinese investment
Advantage Partners has invested approximately JPY1.5 billion ($19.7 million) in Hisense Broadband Multimedia Technologies (HBMT), a manufacturer of broadband multimedia consumer electronics, The Nikkei reported.
HBMT is a division of Chinese appliance maker Hisense Group. Tokyo-headquartered Advantage made its acquisition through a private placement. In July of last year, Advantage bought a 14% stake in Qin...
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