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Source Code Capital closes third fund with $260m hard cap

Chinese early-stage venture firm Source Code Capital has reached a final close of its third US dollar fund at a $260m hard cap.

Yongqianbao nabs $67m for micro lending app

Beijing-based mobile lending app Yongqianbao has picked up $67m in a funding round. The round was co-led by Hong Kong-based private equity firm Golden Brick Capital Management.

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