Chinese state-owned companies in Hong Kong have been actively encouraging staff to turn up at a counter march on Sunday, say local media reports
2014-08-15
Though GSK not mentioned at trial, a Briton and his US wife were held after their probe to help UK drugmaker find source of sex tape of top executive
2014-08-15
CITIC Securities Co. Ltd. is planning to invested RMB500 million (US$81.3 million) in Beijing-based Chinese online video platform LeTV.com, as part of a broad strategic partnership between the two companies, according to a securities filing LeTV.com filed with the Shenzhen Stock Exchange. The partners will explore opportunities in the Internet finance sector in China, as […]
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2014-08-15
Beijing-based discount tourism online booking portal Lailaihui.com has received RMB100 million (US$16.3 million) series B financing from Fosun Group’s venture capital arm Fosun Venture Capital Investment and CDH Investments, according to Chinese news reports. The company previously received several millions U.S. dollars series A financing from CDH Investment and Unity Ventures. Founded in 2013, Lailaihui […]
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2014-08-15
Second and third-biggest lenders sell $8bn of ‘Basel bonds’ – funds that qualify as regulatory capital – amid fears of rising bad debt
2014-08-15
The author is Standard Chartered China's macro research team China’s housing market has been identified by some as the biggest risk to the global economy. There is unfortunately little independent data – apart from apartment sales and new project starts – to help us assess what is really going on, or what developers plan to […]
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2014-08-15
Private equity funds returned US$568 billion in capital back to their institutional investor backers globally last year, up significantly from US$381 billion in 2012. It is also the highest annual total capital return ever recorded, according to data released by private equity research Preqin. Strong public equity markets, good credit conditions and positive exit activities […]
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2014-08-15
Hangzhou city, Zhejiang province-based maternal and infant supplies e-commerce portal Beibei.com has received RMB150 million (US$24.3 million) series A financing from its parent company Hangzhou-based Husor E-Business Co., Ltd., according to Chinese media reports. IDG Capital and Banyan Capital also participated in the round. The proceeds will be used for business expansions and brand-building. Founded […]
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2014-08-15
Hangzhou city, Zhejiang province-based baby supplies e-commerce platform Lamahui.com has received RMB90 million (US$14.6 million) series A financing from SAIF Partners, DT Capital and TRVC, according to Chinese news report. Another Hangzhou-based maternal and infant supplies e-commerce site Beibei.com also received RMB150 million (US$24.3 million) series A financing from IDG Capital and Banyan Capital. Founded […]
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2014-08-15
Sotheby’s expects its flawless 8.41-carat pear-shaped pink diamond to fetch between $12.8m and $15.4m in Hong Kong