Greater China Digest: XREX snags $17m; China Three Gorges acquires Alcazar

Greater China Digest: XREX snags $17m; China Three Gorges acquires Alcazar

XREX co-founders Winston Hsiao, also its chief revenue officer, (left) and CEO Wayne Huang.

Taiwan-based fintech firm XREX Circles has garnered $17 million in a pre-Series A round funding led by CDIB Capital. In a separate development, China Three Gorges has acquired Dubai-based Alcazar Energy Partners (AEP).