China Digest: Zhongke Xingye, Herocheer bag funds; Bright Oceans to invest in Hualala

China Digest: Zhongke Xingye, Herocheer bag funds; Bright Oceans to invest in Hualala

FILE PHOTO: Coins and banknotes of China's yuan are seen in this illustration picture taken February 24, 2022. REUTERS/Florence Lo/Illustration/File Photo

Polymer materials maker Zhongke Xingye has bagged $41.6 million in an extended Series C round, while Herocheer has bagged $27.7 million in a Series C round. Separately, Shanghai-listed Bright Oceans is eyeing an investment in catering software firm Hualala. 

Edited by: Pramod Mathew