China Business Blog - Aggregated China Business Blogs
Aggregated China Business Blogs

Beijing-based private medical services provider iKang Guobin Healthcare Group has raised $153 million by offering 10.9 million shares at $14 per share on the NASDAQ, according to an announcement on the exchange's website. The IPO was priced at the higher end of its original range of $12 to $14 apiece. NewQuest Capital Partners and Singapore's […]

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.

New York Stock Exchange-listed IMAX Corporation says Chinese private equity funds, CMC Capital Partners and FountainVest Partners, plan to acquire a 20% interest in its Greater China business for $80 million, according to a company announcement. IMAX's China business, IMAX China (Holding), Inc., is to issue and sell 20% of its shares to the two […]

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.

Shanghai-based private equity firm Vision Knight Capital has completed fundraising of its second fund, raising $550 million, according to Chinese media reports. The fund, Vision Knight Capital (China) Fund II, will continue to invest in companies in the Internet, e-commerce and consumer sector. Investors of the fund include sovereign wealth funds, college funds, pension funds, […]

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.

The Australia and New Zealand Banking Group Limited (ANZ) will accept China's UnionPay bank cards at its 120,000 merchant terminals and ATMs throughout Asia Pacific, according to a company announcement. The plan is laid out in a new agreement signed by ANZ's China CEO, Charles Li, and UnionPay International Chairman of China, Su Ning, at […]

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Fitch Ratings has affirmed China's sovereign foreign and local currency bonds rating at A+, with stable outlook, according to an announcement. China's foreign reserves rose to $3,821 billion at the end of 2013. This was equal to 19.2 months of current external payments, the third-highest ratio of any country rated by Fitch globally. China's official […]

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Shanghai-based peer-to-peer (P2P) lending firm Ppdai.com has completed series B round of financing, raising tens of millions U.S. dollars, the company announced in a press conference. Lightspeed China Partners led the round. New York Stock Exchange-listed wealth management service provider Noah Private Wealth Management and existing investor Sequoia Capital also participated. Previously, Ppdai received $25 […]

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The author is Standard Chartered Banks' chief investment strategist Steve Brice Heightened emerging market political uncertainties, poor economic data in China, and the likelihood of the U.S. Federal Reserve's tightening all suggest emerging market under-performance is likely to extend over the next six to twelve months. Within emerging market, we have a preference for Asia […]

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.

Shanghai-based peer-to-peer (P2P) lending firm Ppdai.com has completed series B round of financing, raising tens of millions U.S. dollars, the company announced in a press conference. Lightspeed China Partners led the round. New York Stock Exchange-listed wealth management service provider Noah Private Wealth Management and existing investor Sequoia Capital also participated. Previously, Ppdai received $25 […]

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.

Hangzhou, Zhejiang province-based Wasu Media has signed an agreement with Hangzhou Yunxi Investment Partnership Enterprise, in which the latter will pay RMB6.54 billion ($1.05 billion) to acquire a 20% stake of the company, according to a company announcement of Wasu. Yunxi Investment will buy 286 million shares of Wasu Media at RMB22.8 apiece in a […]

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.

Hong Kong-based private equity real estate firm Gaw Capital Partners (listen and watch Gaw Capital's founder Goodwin Gaw talking to China Money Podcast here) says that it has signed a conditional agreement to acquire a Beijing commercial property project called Pacific Century Place, for a total of $928 million, according to a company statement. Gaw […]

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.

Intel announced at Intel Developer Forum 2014 held in Shenzhen that the company plans to invest USD100 million to set up a smart device innovation fund in China to encourage partners' innovations in super mobile devices, wearable devices and Internet of Things sectors. Brian Krzanich, Intel's global chief executive officer, said that Intel will establish […]

Japanese retail group Aeon announced that Zhu Jing, managing director of Aeon, has been officially appointed president of Aeon China Company Limited. Zhu now becomes the highest decision maker for Aeon Group in the China region. This appointment was reportedly made following the continuous profit decline of Aeon China. According to the latest performance report […]

US defence secretary says air defence zones established without consultation could increase tensions and misunderstandings or even lead to conflict