Yimou Zhang sets up $315m personal film fund - report
Leading Chinese filmmaker Yimou Zhang has reportedly been raising a private equity fund with Kunhong Media, a private investment manager focusing on the entertainment industry, in the last six months. The target size of the fund is RMB2 billion ($315 million).
According to local reports, the group has already raised RMB200 million ($31 million), which will be used to commercialize Zhang's movies and large-scale art projects. After Zhang ended his long-term...
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