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Inside China's Smart Money This Week: June 15-19

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Busy readers: here is what happened inside China’s smart money for the week of June 15 to 19, 2015.

- Chinese conglomerate Dalian Wanda Group's commercial property crowdfunding platform has raised RMB5 billion (US$810 million) three days after its official launch on June 12.

- Alibaba Group Holdings and Foxconn Technology Group have agreed to each invest 14.5 billion Japanese Yen (US$120 million) in SoftBank Corp's robotic subsidiary.

- CLSA Capital Partners has closed its third Asian real estate fund, named Fudo Capital III L.P., at its hard cap of US$1 billion.

- New York Stock Exchange-listed Qihoo 360 Technology Co. Ltd. has received a preliminary non-binding proposal from its chairman and CEO, as well as a number of venture and private equity investors, to take the company private.

- IMAX Corporation's China subsidiary has partnered with China Media Capital to launch a Chinese film investment vehicle to fund at least ten Chinese language movies.

- Shenzhen-based mobile game publisher iDreamSky Technology Limited, backed by Legend Capital and Redpoint Ventures, has received a take-private proposal from its chairman and CEO with a valuation of approximately US$609 million.

- Sequoia Capital and Fosun International Limited are backing a management-led go-private deal for NASDAQ-listed Bona Film Group Limited.

- Beijing-based children piano lesson franchise Xingkong has completed US$20 million series C round of financing led by Vision Knight Capital.