Beijing policy helps motor industry tap into nascent market
2016-05-31
A sports investment fund co-established by Focus Media and FountainVest Partners has led a US$50 million series C round in Codoon, a Chinese sports and wellness service provider integrating mobile apps and wearables. The sports fund, launched last month by Focus Media and FountainVest Partners with US$400 million to invest in sports companies in China […]
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.
2016-05-31
"Trumpism" comprises three main components: virulent anti-immigrant animus, ignorant anti-trade rhetoric, and extreme anti-government sentiment. Taken separately, any one of these would be damaging. Together, they would deal a major blow to US and glob…
2016-05-31
Tencent Holdings Ltd. has invested US$40 million in Yuanfudao, the largest strategic investment made by the Chinese Internet giant in the K-12 online learning and teaching sector, according to Chinese media reports. "Yuanfudao is building a brand new mobile and online education product," says Li Chaohui, a manager at Tencent's M&A arm. "Its products have […]
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.
2016-05-31
Chengwei Capital has led a nearly RMB100 million (US$15 million) series A round in a Shenzhen-based mobile phone recycling start-up Huishoubao, with participation from CITIC Capital, according to Chinese media reports. Established in 2014, Huishoubao received several million U.S. dollar angel investment in August 2015. The company says it will use the latest proceeds to […]
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.
2016-05-31
Chinese companies that have unraveled their variable interest entity (VIE) structure hoping for a domestic listing may be forced to re-institute the the legal arrangements as domestic listings become harder to materialize. "A portion of (those Chinese companies) might reinstall their VIE and go back to list in the U.S.," says Orchid Asia Group's managing […]
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.
2016-05-31
British telecom operator BT just submitted an application to China's Ministry of Industry and Information Technology to gain a license …
2016-05-31
Business activity weakened in May, pulled down by freight and export conditions and by housing market
2016-05-31
Due to the strong performance of its Chinese stores during the Chinese New Year, Wal-Mart China's total sales increased by 5.1% in the company's latest reporting period. Wal-Mart released its financial report for the first…
2016-05-30
Worldly post-80s generation is coveted cohort for luxury hotels and retail
2016-05-30
How frustrating is it to conduct a search on China's leading search engine and not easily find the correct answer? …
2016-05-30
The fast food giant McDonald's announced the launch of its nationwide recruitment week in China as it aims to hire about 70,000 employees throughout 2016. The positions offered by McDonald's include trainee managers, restaurant staff,…
2016-05-30
Wan Jianlin, Asia's richest man, revealed his life in the private jet to the public in a debut live broadcast with a well-known Chinese talk show during the weekend. The chairman of Dalian Wanda Group was shown playing poker in his ultra luxurious private jet, and walking with over a dozen entourage across a plaza […]
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.
2016-05-30
KKR has announced the appointment of ex-Blackstone Group executive Rob Yang as managing director and Head of Greater China in the firm's real estate team, effective June 1, 2016, the global private equity giant says in an announcement. In the role, Yang will be responsible for sourcing investments and continuing to build KKR's real estate […]
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.
2016-05-30
Extend and pretend is merely delaying the inevitable and making its impact that much more severe
2016-05-30
Beijing-based television and film company Enlight Media has made an undisclosed investment in Maoyan, the online movie ticketing service provider of Meituan-Dianping after it span off the unit into an independent company, according to a company announcement. Post the completion of the strategic investment, Enlight Media will become an important shareholder of Maoyan and will […]
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.
2016-05-30
Housing market eased again in May as sales and supply growth moderated and mortgage discounting shrank.
2016-05-30
China's Tencent Holding Ltd. and its online ticketing arm Weiying Technology has agreed to make a US$85 million strategic investment in Korean entertainment firm YG Entertainment, according to a company announcement. YG Entertainment plans to issue new common shares amounting to US$55 million to a wholly owned subsidiary of Tencent and Fengying. At the same […]
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.