China: Bona Film Group, CAA launch $150m fund; Lechebang closes $43.7m Series B

China: Bona Film Group, CAA launch $150m fund; Lechebang closes $43.7m Series B

Chinese 100 yuan banknotes and a U.S. one dollar banknote are seen in this file picture illustration taken in Beijing, China, January 21, 2016. REUTERS/Jason Lee/Files

Bona Film Group and CAA have launched a joint $150 million film fund while automotive services platform Lechebang has closed a $43.7 million Series B round.

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