Caixin
Dec 21, 2016 06:44 PM
BUSINESS

Filmmaker Bona Raises 2.5 Billion Yuan

(Beijing) — Bona Film said it has raised 2.5 billion yuan ($360 million) in the company's first fundraising since its privatization earlier this year, attracting Alibaba Pictures and Tencent Holdings Ltd. as lead investors.

Investors familiar with Bona's buyout told Caixin the fundraising may be the only one for Bona, previously listed on the Nasdaq Stock Market, before it attempts a domestic IPO.

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