Young adults a favoured generation, unlike their peers in the west
2016-05-11
Promises of more state investment add to sense of confusion over strategy, say analysts
2016-05-11
France deserves applause for its brave effort to revive the Israel-Palestine peace process, which has been going nowhere for the better part of a decade. But success will require more than courage: Any international bid to resolve the problem of Palest…
2016-05-11
‘Authoritative’ source warns party paper of ‘deadly’ risk to economy
2016-05-11
‘Authoritative’ source warns party paper of ‘deadly’ risk to economy
2016-05-11
China's securities regulator has prohibited Chinese public companies from raising capital via follow-on share issuance to invest in Internet finance, gaming, film and virtual reality (VR) companies, according to reports by Caixin Media. The restriction applies to public companies operating in industries vastly different from those prohibited sectors. For example, a publicly listed cement producer […]
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2016-05-11
Monarch caught on film criticising Xi Jinping’s state visit
2016-05-11
China's prospective non-performing loan (NPL) securitizations transactions will be challenging for investors and potentially banks themselves due to hard-to-predict cash flows and an uncertain judicial process, says Fitch Ratings. The credit rating agency believes that these factors make it difficult to rate these products at an investment grade level on an international rating scale. China […]
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2016-05-11
Chinese private equity firm ClearVue Partners has invested US$30 million in Shanghai-headquartered cold-crafted juice producer CHIC Fresh to help its expansion, says a company announcement. "Global consumer preference is quickly shifting toward healthy, organic and ‘good for you’ beverages," says Harry C. Hui, founding managing partner of ClearVue Partners. CHIC Fresh’s INVO brand coconut water […]
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2016-05-11
Chinese conglomerate HNA Group and e-commerce giant JD.com Inc. have suffered huge paper losses worth nearly US$400 million combined after shares prices of their business partner travel service provider Tuniu Corporation plummeted. NASDAQ-listed Tuniu saw its shares drop to US$9.70 per American Depositary Share (ADS) yesterday from a peak of US$16.91 last December, as China's […]
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2016-05-11
Unisplendour Corporation Limited released its financial report for 2015 and showed that the company realized operating revenue of CNY13.35 billion, …
2016-05-11
Kingdee International Software Group Co., Ltd. has acquired Shanghai Guanyi, an IT system and service provider to Chinese e-commerce firms, allowing its backer Maison Capital to fully exit. The deal is valued at around RMB250 million (US$38 million), and will give Kingdee a 58% stake in Shanghai Guanyi. Founded in 2009, Shanghai Guanyi provides IT […]
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2016-05-11
Chinese Internet video provider Iqiyi announced the launch of its virtual reality product set named iVR+. The company also launched …
2016-05-11
Chinese hedge fund managers seem to be fulfilling their promise: achieving steady returns in all types of markets and outperforming during down markets. In the month of April, Greater China hedge fund managers lost 0.34% according to the Eurekahedge Greater China Hedge Fund Index, against the backdrop of the CSI 300 Index declining 1.85% during […]
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2016-05-11
Nice, France, May 11, 2016 /ChinaNewswire.com/ – Huawei unveils Cloud Transformation solution at TM Forum and proposed that "clouds" will be the new engine that drives carriers' digital transformation. The cloud-and-network synergy solution brings carriers' existing network advantages into full play so as to help them carry out digital transformation. The Internet is a massive … Continue reading "Huawei Unveils Cloud Transformation Solution at TM Forum"
2016-05-11
Alibaba Pictures made its first foray into China’s booming cinema industry by subscribing to a RMB1 billion (US$153 million) convertible bonds issued by Guangdong Dadi Cinema Construction, says a company announcement. If fully converted, the film and entertainment arm of Alibaba Group Holdings Ltd. will own 4.76% of Dadi Cinema, the second largest cinema firm […]
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2016-05-11
ACT Genomics, a Taiwan-based cancer molecular information company, has raised US$12.5 million series B funding led by Hotung Group and CDIB Capital Management, according to a company announcement. Existing investors Eminent II VC, Hua Nan Venture Capital, President International Development and UMC Capital also participated in the round. ACT Genomics is providing comprehensive genomic profiling […]
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2016-05-11
French retail giant Carrefour officially launched its online store in Beijing. The e-commerce site integrates store delivery, multiple payment methods, dual-language services, and return and exchange at all stores. Carrefour's current development trend…