H Capital Joins $273M Round In HNA’s EasyLife Financial

EasyLife Financial Services Holding Group Co., Ltd., a travel financial services unit under Chinese conglomerate HNA Group, has raised RMB1.9 billion (US$273 million) in a series B+ round from H Capital, Pacific Securities and other investors, the company announced.

A number of Chinese RMB funds and local tourism development funds, including Shandong Binhai Tourism Development Fund and Chongqing Hangtou Tourism Development Fund, also participated in the round.

"Outbound travel has driven up tourism growth in China, and consumer demand for Continue Reading the Entire Article Here >>

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