BEIJING and NEW YORK: PR Newswire (PRN) has invested $6 million in the Xinhua Financial Network to aid Chinese companies in attracting investments from Europe and North America.
Through the new venture, dubbed Xinhua PR Newswire, public and private organizations in China can send corporate financial announcements directly to Western media, analysts, and investors through specifically designed channels.
Following its formation, Xinhua PR Newswire entered a partnership with Shanghai Securities News, China's leading financial paper. By law of the China Securities Regulatory ...