Greater China-focused mid-cap private equity firm Zoyi Capital has invested an undisclosed amount in Taiwan-based machine tool producer, Quaser Machine Tools Inc., according to media reports. Established in 1991, Quaser Machine Tools has cooperation with 30 distributors worldwide. It operates service centers in Switzerland and the Greater China region, with the European market taking up 70% […]

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Fosun International Limited has entered into a strategic partnership with the Osborne Group by acquiring a 20% stake of the Spanish ham and wine producer, according to Osborne’s official announcement. The deal size and specific details of the investment are not disclosed. The Osborne family will still maintain control of the company, holding an 80% […]

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Chinese trousers retailer Shanxi Baiyuan Trousers Chain Management has acquired cross-boarder online B2C platform Shenzhen Globalegrow E-Commerce Co. , Ltd. for RMB1.03 billion (US$166 million) via cash payment and stocks swap arrangements, according to Baiyuan’s regulatory filing. This will allow existing investors in Shenzhen Globalegrow, Shenzhen Capital Group and Hotland Venture Fund, to fully exit […]

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In this episode of China Money Podcast, guest Aidan Yao, an economist for emerging Asia at French financial services firm AXA Investment Managers, talks to our host Nina Xiang, about China's second quarter economic indicators and their implications, how the Chinese government is likely to manage the property downturn, and why China's Qualified Domestic Institutional […]

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The author is Nomura Global Markets Research According to the Chinese central government's official website, the State Council emphasised at a regular meeting on July 16 that "the key economic targets that we set in the Government Working Report were decided by the Central Economic Working Conference and approved by the National People's Congress. They […]

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Beijing-based third-party push notification service provider igetui.com has completed tens of millions U.S. dollars series B financing led by SAIF Partners, according to an announcement made by igetui. Existing investors in series A round all participated in the newest round, including U.S. venture firm WI Harper. The proceeds will be used for research and development, […]

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The exposure of the sector to risky activities is more modest than many imply, the real concerns are more in’ wealth management products

Trial of Briton Peter Humphrey and his American wife, who were arrested over work they did for GSK, will be public after pressure from the US and UK

Phoenix New Media has promoted Li Ya, chief operating officer of the company, to the role of president, effective immediately. Prior to the promotion, Li has been serving as Phoenix New Media's COO for the past eight years. He also held a concurrent post as chief financial officer between June 2006 and November 2010. Li […]