China Business Blog - Aggregated China Business Blogs
Aggregated China Business Blogs

Jilted investors take to social media to lobby for the return of their savings

Teams poach talent from top global leagues with big-money transfers

Hacked in ChinaHacking happens all over the world, but cybersecurity issues in China have special significance because the agents of the attack …

Chinese brokerage firms who bought shares to prop up the country's collapsing stock market last year will adopt an accounting rule to largely avoid any out-sized negative impact on their earnings, says Caixin magazine citing industry insiders. Last year, fifty Chinese brokerage firms provided RMB220 billion (US$34 billion) to China Securities Finance Corp, a government-controlled […]

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CMC Capital (China Media Capital) has invested RMB100 million (US$15 million) in Chinese financial news website and mobile app WallStreetCn.com, according to Tencent Technology. Founded in 2013, WallStreetCn.com previously received investments from Ping An Insurance Company of China, Ltd. and Haitong Securities Co. The investment follows CMC Capital's investment in Caixin, China's top financial news […]

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Innovation Works, an early stage venture firm founded by former Google China head Kai-Fu Lee, has been approved by Chinese securities regulators to list its incubator and fund management services units on the National Equities Exchange and Quotations (NEEQ), according to a securities filing (in Chinese). The approval means Innovation Works, with offices in Beijing […]

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San Francisco-based U.S. logistics operator Prologis, Inc. says it has received additional US$882 million to its China investment vehicle from the investment arm of the government of Abu Dhabi and Prologis itself. In a company announcement, HIP China Logistics Investment Ltd., a subsidiary of the investment arm of the government of Abu Dhabi, plans to […]

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Blackstone Group LP is in the process to sell Chinese information technology outsourcing firm Pactera Technology International Ltd. less than two years after the private equity firm took the NASDAQ-listed company private, according to the Wall Street Journal citing people familiar with the situation. Potential buyers for Pactera could pay between US$800 million to US$1 […]

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China is planning a pilot program to allow some commercial banks to set up equity investment arms to take direct stakes in technology companies, Reuters reported citing people familiar with the matter. The pilot program, which is to begin this year with the special approval by China's State Council, will allow commercial banks, which are […]

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China released a new rule to relax housing mortgage down payment to help sustain the warm-up in property transactions and prices, but a nation-wide property market recovery will still be a long and strenuous process, says a research report by ANZ. The People’s Bank of China (PBoC) and China Banking Regulatory Commission (CBRC) jointly released […]

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Spotlight on lending with high interest rates after crackdown on ‘Ponzi scheme’

smart homeThe Internet of Things is expanding its reach into more Chinese homes as two titans in Chian have pledged to …

Chinese electronics and home appliances retailer Suning and Chinese telecom device maker ZTE announced a strategic cooperation between the two parties. Under the agreement, the two parties will form an in-depth cooperation in hardware development,…