Hong Kong-based school operator Nord Anglia Education Inc. has completed its IPO on the New York Stock Exchange, offering 19.0 million shares at $16, raising a total of $304 million, according to media reports. In February, Nord Anglia set its IPO pricing range at $15-$17 apiece, for a total of $300 million. The company says […]

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The US Congress recently rejected a modest appropriation that would have shored up financing for the IMF and enhanced emerging economies' role. While events in Ukraine may force Congress finally to agree to the funding increase, the question of why US …

Mid-sized hedge funds were the best performers in 2013 compared to other fund sizes, according to research firm Preqin. Mid-sized hedge funds with assets under management of $100-$499 million and $500-$999 million posted 12-month average returns of 13.79% and 13.71% respectively last year. That compares with large funds of $1-5 billion returning 12.08%, and small […]

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The author is Kelvin Lau, senior economist of Greater China at Standard Chartered Bank China's economic growth may be slowing, but its manufacturing wages continue to rise. Migrant workers’ wages are likely to increase 9.2% in 2014, up from 8.4% last year, according to the fifth annual survey of our manufacturing clients in southern China’s […]

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Sino-French private equity firm Cathay Capital says it is planning to launch a new investment fund called Cathay Midcap Growth Fund III, hoping to raise 500 million euros, according to a company announcement. French investment firm Bpifrance and China Development Bank are planning to be cornerstone investors in the fund. Each could contribute as much […]

Visit ChinaMoneyNetwork.com for more great China Money Podcast audio and video Internet episodes covering important investment news and financial events in China, as well as daily news updates on important China business news happenings. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.

ChinaNetCenter, a content distribution network and data center service provider in China, published its annual results for 2013. ChinaNetCenter's operating revenue reached CNY1.205 billion, a year-on-year increase of 47.89%; its operating profit was CNY254.898 million, a year-on-year increase of 126.73%; and its net profit attributable to shareholders was CNY237.112 million, a year-on-year increase of 128.55%. […]