BoyaLife and Sooam Biotech aim to create 1m animals per year to meet growing demand for meat

There is precious little sign women of childbearing age plan to listen to the new fertility decree

Bank regulators demoted, while brokerage’s shares dive after chief disappears

China’s flagship broadsheet accused of relying on fake accounts for half its followers

Beijing-based 51CTO.com, an online platform for the Internet technology community, has completed RMB100 million (US$16 million) new round of financing led by TBP Capital, according to Chinese media reports. DW Fund, a venture capital firm launched by Rong360's cofounder Wu Zhengyu, also participated in the round. Founded in 2005, 51CTO.com provides media content, online education, […]

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.

Zug, Switzerland-headquartered global private equity firm Partners Group has acquired a minority stake in Chinese maternity and baby products retailer Aiyingshi for an undisclosed amount, according to the LinkedIn profile of Kelvin Yu who serves as head of China at Partners Group. Yu led and closed the investment, and has joined the company as a […]

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.

U.S. film maker Dan Mintz has agreed to acquire Carlyle Group's 61% stake in Taiwanese television programmer and channel operator Eastern Broadcasting Corp. for an undisclosed amount, according to a statement. The deal could be worth around US$600 million, says media reports. Mintz is founder and chief executive at DMG Entertainment, which jointly produced the […]

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.

Hong Kong-listed Chinese conglomerate Fosun International Limited has completed the acquisition of the remaining 80% of global insurer Ironshore Inc. it does not already own for around US$2 billion, according to an announcement. The transaction was initially announced in May, and follows Fosun's acquisition of a 20% stake of Ironshore for US$464 million completed in […]

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.

Mogujie, a Hangzhou-based e-commerce platform based on social networking tools, has completed US$200 million new round of financing led by Ping An Ventures, the venture capital arm of Ping An Insurance (Group) Company of China, Ltd., according to Chinese media reports. Tiantu Capital also participated in the round. The company says it will use the […]

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.

Has the bubble of Chinese buying copious amounts of luxury goods popped? Louis Vuitton closed three stores in China located in Guangzhou, Harbin, and Urumqi, respectively. With this move, the company will only have about…

Foxconn plans to invest CNY300 million to build a new production base in Nanyang, Henan province. According to reports in Chinese local media, Nanyang Foxconn focuses on the manufacturing and sales of digital projectors, digital…

Chinese Internet and mobile Internet security company Cheetah Mobile announced that the company has appointed Li Zhaohui as a new director of the company; meanwhile, former director Peng Zhijian resigned his position, effective immediately. Li is currently an executive partner of Tencent Investment and general manager of Tencent Mergers & Acquisitions. He focuses on Tencent's […]