Five-star hotels choose to drop to four-star status as the government battles with bling and seeks to curtail conspicuous spending
Dallas-based private equity-focused advisory firm Cogent Partners has promoted Jeffrey Reece to director in Shanghai, according to media reports. Reece is responsible for coverage and execution for many of Cogent Partners’ Asian clients. Prior to joining Cogent in 2011, Reece was a vice president at Ewing Management Group, where he was responsible for growth equity […]
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Nanjing-based fashion service and e-commerce platform YOHO! has raised $30 million in series C funding from SAIF Partners, according to Chinese media reports. YOHO! previously received several million U.S. dollar series A funding from CDH Venture Partners in 2006, and tens of millions U.S. dollars from Bertelsmann Asia Investments, Vertex Venture and CDH Venture in […]
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High-profile prosecution of Xu Zhiyong seen as clear signal President Xi Jinping does not intend to relax Communist party’s grip on public discourse
The author is Michael Werner, senior research analyst covering the Chinese and Hong Kong banks at Sanford Bernstein & Co. Over the past three years, Chinese banks have become adept at financing their corporate clients in ways that are not recorded as traditional loans on the banks' balance sheets and thus benefit from lower risk […]
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In 2013, greater China-focused hedge funds outperformed the Hang Seng Index, which is up 0.1%, by more than 16%. Hedge funds globally returned an average of 8% during the same time, according to data released by research firm Eurekahedge. Asia ex-Japan hedge funds outperformed underlying markets and were up 13.47% in 2013 with overall assets […]
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The author is Jack Perkowski, founder and managing partner at JFP Holdings China is at a crossroads, and the direction it takes in 2014 has important implications for the country and the global economy. The following are our views at JFP Holdings as to the road ahead for China in the coming year. 1, China's […]
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Global alternative investment industry is now overseeing a record $6.16 trillion in assets under management, of which $600 billion were added during the year of 2013, according to data released by research firm Preqin. During the year of 2013, alternative investment management industry, which includes private equity, hedge fund, real estate and infrastructure fund managers, […]
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The domestic Chinese Internet has been going haywire for many users over the last twelve hours. Starting at around 13:00 yesterday, January 21 (+8 GMT), China's top-level domains appeared to have a DNS failure lasting for about two hours. Though much of the failure has already gone away, some Internet users may still see website […]
Wang Yong, chief executive officer of DeNA China, announced in an internal email that he will resign his position as CEO at the end of January 2014. Wang also said after his resignation, Ren Yi, vice president of DeNA China, will take control of the China business. This has reportedly all been confirmed and decided […]
U.S.-based Datacard Group has opened a new distribution center in Kowloon, Hong Kong. The distribution center will better serve Datacard Group's customers and partners throughout the region, as well as reduce the order-to-delivery times for desktop card printers, warranty spare and replacement parts, and supplies from 5-10 days to 1-3 days, depending on location. Through […]