Chinese asset manager Yingke PE buys more stake in AoLian for $64m

Chinese asset manager Yingke PE buys more stake in AoLian for $64m

Chinese asset management platform Yingke PE has entered into an agreement with shareholders of AoLian, a Chinese automotive electronics and electrical components maker, to purchase about 19.38 per cent stake in the Shenzhen-listed company for 446 million yuan ($64 million).