Size is becoming more important in the global hedge fund industry. A total of 505 hedge fund managers with over US$1bn in asset under management (AUM) currently oversee a combined US$2.39 trillion, or 90% of the industry’s US$2.66 trillion total assets, according to a report from research firm Preqin. The "US$1 billion club" of hedge […]

Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.

App Annie, a data tracker of the mobile app industry, has raised US$17 million in an inside round of funding from exiting investors IDG Capital, Greycroft Partners and Sequoia Capital, according to the company's official blog. In addition to a previous US$15 million series C round and earlier funding, App Annie has raised US$39 million […]

Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.

Beijing-headquartered Chinese private equity firm Hony Capital has completed a partial exit from Hong Kong-listed Chinese generic drugs maker CSPC Pharmaceutical Group, selling 705.88 million shares for a total proceeds of HK$4.41 billion (US$570 million), according to a regulatory filing. Hony Capital unloaded 600 million CSPC shares to other third-party investors and 105.88 million shares […]

Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.

It is often said that a crisis should never be wasted: Politicians, policymakers, and regulators should embrace the moment of deep distress and take on the heavy burden of structural repair. China seems to be doing that; America is not.

Beijing is planning to launch $50bn Asian-wide infrastructure fund that threatens to rival the Asian Development Bank’s premier role in the region

NASDAQ-listed Chinese advertising agency Charm Communications Inc. says it has entered into a definitive agreement with an investor consortium including the company's founder and chief executive He Dang to take the company private. The company's board has also approved the deal. Hong Kong-based Chinese private equity firm China Media Capital (CMC) is supporting the management […]

Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.

The author is Alberto Forchielli, founder of Sino-Europe private equity firm Mandarin Capital Partners The ring of tensions between Washington and Beijing has just earned another diamond, one of the most precious gems. After years of investigations, the Department of Justice in the U.S. has accused five Chinese military officials of illegal activities aimed as […]

Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.

Hon Hai Group submitted a filing to Taiwan Stock Exchange which revealed that its subsidiary Ambit Microsystems Corporation will invest NTD11.64 billion to buy newly issued shares of Asia Pacific Telecom, a Taiwanese telecom carrier. The company may implement a merger with the latter in the future. Hon Hai said in the filing that Asia […]

Wal-Mart China will open about 30 high-quality stores and more distribution centers as an important step for its three-year development plan announced in October 2013, according to a recent company statement. In addition, Wal-Mart will continue to invest CNY580 million in 2014 to upgrade its over 55 existing stores to improve store operation and customer […]

Bit by bit Beijing is creating new facts in the sea and in the air. With each incident, it throws down the gauntlet

Power sector is the latest target of a widening anti-graft campaign, but some believe recent moves are more designed to weaken former premier Li Peng

The People’s Bank of China’s incursion looks suspiciously long term. The slide has been steady and economic news helps justify it