Alibaba and Lenovo both took part in a series B round for the digital wealth manager incubated at Hong Kong University of Science and Technology.

Magnum Research, the China-based operator of online wealth management platform Aqumon incubated at Hong Kong University of Science and Technology, has closed a $30m pre-series B round. E-commerce group Alibaba’s Hong Kong Entrepreneurs Fund and consumer electronics producer Lenovo’s subsidiary Lenovo Capital took part in the round. The two corporates were joined by investment manager…

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