China Digest: Online car retailer Huashenghaoche raises $150m; Shenzhen Capital backs cable maker

China Digest: Online car retailer Huashenghaoche raises $150m; Shenzhen Capital backs cable maker

Photographer: Nelson Ching/Bloomberg

Online car retail platform Huashenghaoche has received a $150-million financial backing from Minsheng Financial Leasing. Meanwhile, cable maker Changzhou Wujin Zhongrui Electronics has raised a $15-million Series A round from Shenzhen Capital Group, the China Money Network has reported.

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