Planned acquisitions scrutinised by west over competition and security issues
2016-10-24
There is more than bluster involved in the Philippines’ pivot towards China
2016-10-24
Two years after China started pushing for a nationwide policy of "Mass Entrepreneurship and Innovation", the country has witnessed a jump in the number of new start-ups. But the government-driven campaign risks the danger of turning into a political movement potentially causing massive waste of capital and resources. Chinese Premier Li Keqiang initially raised the […]
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2016-10-24
Baird has appointed Lydia Xu, an ex-managing director at BDA Partners, as managing director and Head of China Investment Banking based in Shanghai, responsible for expanding services to strategic Chinese buyers and private equity firms looking to buy and sell assets, make new investments or refinance debt. "Asian buyers continue to look to Europe and […]
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2016-10-24
Party Central Committee’s meeting could be Wang Qishan’s final moment in spotlight
2016-10-24
Chinese online grocery and delivery firm New Dada and Wal-Mart jointly announced that Wal-Mart has made a strategic investment of USD50 million into New Dada and the two parties will have a strategic cooperation. With…
2016-10-24
A US$239 million deal led by Chinese drugmaker Shanghai Pharmaceuticals Holding Co., Ltd. and private equity firm Primavera Capital to acquire Australian vitamins maker Vitaco Holdings has won approval from Australia's Foreign Investment Review Board (FIRB), clearing a major roadblock and pushing the deal closer to completion. In August, the Chinese group said it would […]
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.
2016-10-24
Augmented reality for education and play has received a seal of approval from New Horizon Capital, which led a RMB250 …
2016-10-24
U.S.-based Walmart is making deeper inroads into China's Internet with enhanced investment in one of China's rising e-commerce firms. Walmart …
2016-10-24
Alibaba's financial subsidiary Ant Financial announced during its two-year anniversary conference that Ant Financial's president Jing Xiandong will officially replace …
2016-10-24
New Horizon Capital has led a RMB250 million (US$37 million) series B funding round in Yangshu Wenhua (Shanghai) Co., Ltd., the company behind augmented reality (AR) children's science and education brand NeoBear. GGV Capital, Qualcomm, and other Chinese investors also participated in the round. Founded in 2009, Yangshu Wenhua develops interactive smart hardware and AR […]
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2016-10-24
Austrian information technology group S&T announced that they have gained an investment of EUR152.83 million, which is about USD168.3 million, …
2016-10-24
China Oceanwide Holdings Group Co., Ltd., a Beijing-based financial holding company founded by Chinese billionaire Lu Zhiqiang (pictured), has agreed to acquire struggling U.S. mortgage and long-term care insurance firm Genworth Financial, Inc. for about US$2.7 billion, the companies announced. China Oceanwide will pay US$5.43 per share in cash for New York Stock Exchange-listed Genworth, […]
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.
2016-10-24
With growth coming in above target, Beijing can focus on cutting out excesses
2016-10-24
Vilification of pro-independence lawmakers echoes tactics deployed by Communist party