US-based analytics and credit rating firm the Moody’s Corporation acquired a 16.7% stake in China-based research platform ChinaScope Financial yesterday for an undisclosed sum.
Founded in January 2011, ChinaScope provides an English language online platform which provides China-related information for financial and analytical organisations. ChinaScope is planning to invest the equity in expand its content, upgrading its technology base and increasing its sales capability.
Robert Fauber, senior vice president for corporate development at Moody’s, said: "Moody’s investment in ChinaScope underscores…
