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Corporate

Oct. 24, 2012

Lawyers reaping benefits of China's Los Angeles investment surge

Last year's $250 million purchase of Los Angeles-based Riot Games Inc. by Shenzhen-based investment company Tencent Holdings Ltd. underscores L.A.'s popularity as a place for Chinese companies to park money.


By Andrew McIntyre


Daily Journal Staff Writer


LOS ANGELES - Last year, Los Angeles saw California's largest Chinese investment ever: the $250 million purchase of L.A.-based Riot Games Inc. by Shenzhen-based investment company Tencent Holdings Ltd. Lawyers say the deal, which grabbed the attention of many in the legal and business sectors, illustrates Los Angeles' emergence as the top California metropolitan area recipient of direct investment fr...

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