News Column

HC International Buys Cogobuy Group Shares

July 4, 2014



BEIJING, July 4, SinoCast -- HC International Inc. (SEHK: 8292) (HC360.com) has agreed to subscribe for shares worth at most USD 20 million or HKD 155 million in Cogobuy Group.

Cogobuy Group is seeking for a listing on Hong Kong bourse through a global IPO, with UBS as exclusive sponsor. Being a top e-commerce service provider, Cogobuy Group operates biggest Chinese online trading platform for IC and electronic devices.

HC360.com believed that the equity investment will bring considerable returns as well as realize synergy between both sides in vertical electronic device B2B service.


For more stories on investments and markets, please see HispanicBusiness' Finance Channel



Source: Sinocast Internet, Media & Online Services Beat (China)


Story Tools






HispanicBusiness.com Facebook Linkedin Twitter RSS Feed Email Alerts & Newsletters