Europe’s efforts to revive its economy and confront the crisis in Ukraine may seem to be two entirely separate challenges. But policymakers, struggling to contain Russia and find an acceptable long-term settlement on Europe's eastern borders, could learn a lot from the way ECB President Mario Draghi has managed to stabilize the eurozone.
2014-09-24
Chinese Internet giant Tencent Holdings Ltd. plans to pay HK$822.5 million (US$106.1 million) to increase its take in Hong Kong-listed Chinese logistics center developer China South City Holdings Ltd. to 11.55% from 9.9%, according to a company announcement. Tencent will exercise an option on or before September 30 to purchase 244.8 million additional shares for […]
Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.
2014-09-24
Venture-backed Chinese multi-brand apparel group Shanghai La Chapelle Fashion Co., Ltd. is in the process of a Hong Kong IPO to raise HK2.21 billion (US$286 million), according to a prospectus the company submitted. The Shanghai-based company is offering 121.58 million ordinary shares at HK$13.98 to HK18.20 apiece. After the IPO, the company could have a […]
Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.
2014-09-24
U.S. private equity giant KKR & Co. L.P. has reorganized its senior management team in Asia to better streamline its investment activities in the region, appointing David Liu and Ming Lu as co-heads of Asia private equity, according to confirmation provided by KKR representatives. David Liu and Ming Lu previously heads KKR's China and Southeast […]
Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.
2014-09-24
Chinese technology company Lenovo announced a new cloud computing program during its enterprise business strategy and ThinkServer Gen5 launch meeting. The company also published its self-developed cloud platform management solution named ThinkCloud. Gerry Smith, Lenovo Group's executive vice president, head of enterprise and head of Lenovo's North America operations, said that apart from PC, enterprise […]