Beijing will let its currency go rather than continue to use reserves, some of which are highly illiquid
2015-09-15
In this episode of China Money Podcast, guest Leon Liao, gaming analyst at investment bank Jefferies & Co., speaks to our host Nina Xiang on the market plummet of Macau's gaming industry, which stocks he likes now, and what the future of the Special Administrative Region's lifeline sector will look like. Be sure to listen […]
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.
2015-09-15
The ongoing bloodletting in Syria is not only the world's greatest humanitarian disaster by far, but also represents one of its gravest geopolitical risks. And America's current approach – a two-front war against the Islamic State and President Bashar al-Assad's regime – has failed miserably.
2015-09-15
Hong Kong-listed software firm Kingdee International Software Group Company Limited has agreed to team up with Guosen Securities to launch a mobile Internet investment fund with an initial fundraising target of RMB1 billion (US$160 million). According to a securities filing, the fund will invest in emerging start-ups in the enterprise cloud services, Internet finance and […]
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.
2015-09-15
Beijing-based high-end dinning deals platform Enjoy has completed US$15 million series C round of financing led by Sequoia Capital. IDG Capital Partners also participated, according to Chinese media reports. The company says it will use the proceeds on team expansion and product improvements. Enjoy partners with high-end restaurants in China's big cities including Beijing, Shanghai, […]
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.
2015-09-15
Taiwanese financial services firm Cathay Financial Holdings Co., Ltd. says that Ant Financial has agreed to invest RMB1.2 billion (US$188.5 million) to take a 60% stake in its property insurance unit, Cathay Century Insurance Co., Ltd. In a company announcement, the two companies say they plan to cooperate closely to expand businesses in the Internet […]
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.
2015-09-15
Hangzhou-based Kongge, a three-months-old mobile app allowing consumers to purchase miscellaneous services, has completed RMB100 million (US$16 million) series A round of financing led by DT Capital Partners. CMB International Capital Corporation Limited and Zhengjiang province-based venture capital firm In Capital also participated. Founded in June, Kongge connects people with free time and special skills […]
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.