Brief: Xinhua Financial Network secures $15 million funding from GEM

Brief: Xinhua Financial Network secures $15 million funding from GEM

Global Emerging Markets Group (GEM) has made a $15 million investment in Hong Kong-based financial data company Xinhua Financial Network (XFN).

The funding injection will be used to promote XFN's products and sales expansion, says the company.

XFN provides investment professionals with information on the Chinese financial markets, including indices, financial news and corporate services.

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