New law would legitimise loophole used by Alibaba, Baidu and Tencent

Hangzhou city, Zhejiang province-based maternal and infant supplies e-commerce platform Beibei.com has received US$100 million series C financing led by Capital Today and New Horizon Capital, after just nine months of the company's establishment, according to an official announcement on its Weibo account. Banyan Capital and IDG Capital also participated in the round, which values […]

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.

The global Alternative investment industry scores another record year in 2014, with total assets increasing US$690 billion to reach a total sector assets of US$6.91 trillion, according to data released by data tracker Preqin. The alternatives industry, which includes private equity, hedge fund, private debt, real estate and infrastructure fund managers, registered asset gains larger […]

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.

Hong Kong-based real estate private equity firm Gaw Capital Partners has acquired London's Tower Place on behalf of Ping An Insurance Company of China, Ltd., according to an emailed statement. No deal terms were disclosed. This is the second property acquired by Gaw Capital for Ping An Insurance, following the acquisition of Lloyd’s building in […]

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.

Car sales and prices are slowing in the country

UBS AG Group has taken a stake in New York Stock Exchange-listed Chinese online automobile portal Autohome Inc., according to a securities filing. As of December 31, 2014, UBS owned 3.597 million class A ordinary shares of Autohome. Based on the company's most recent closing price of US$36.48 per share, the stake would cost 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.

The World Economic Forum's annual Global Risks report highlights important opportunities for action. One area in which concerted, collaborative efforts can make a huge difference is the spread of infectious diseases, especially through the establishmen…

Zhang Xin, ‘the woman who built Beijing’, says most cities have been built

Boston-based private equity firm Bain Capital has made a full exit from Hong Kong-listed Chinese electronics retailer GOME Electrical Appliances Holding Limited by selling all of its remaining stake for approximately HK$1.04 billion (US$130 million), according to media reports. Bain Capital sold 922 million shares at HK$1.13 per share, the lower end of an indicative […]

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.

Apple plans to open five new retail stores in China before the Chinese New Year. Its new store in Zhengzhou, Henan, has opened to customers and another new store in Hangzhou will be opened on January 24, 2015. With the opening of the five new stores, Apple will have 20 retail stores in mainland China. […]

The Chinese regulators are disciplining bank margin trading loan practices in order to restrain speculation in the stock market, perhaps as a precursor to the central bank's monetary easing policies, according to a research report by Nomura Holdings. China’s benchmark interest rates cut on November 21, 2014 helped to trigger a 40.7% surge in the […]

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.

Compensation of $130,000 each follows punishment of officials over tragedy

Singapore-based real estate private investment firm SC Capital Partners has reached final closing of its fourth real estate private equity fund, Real Estate Capital Asia Partners IV L.P., raising a total of US$850 million equity commitments, according to a company announcement. The fund held its final closing on December 5, 2014, just three months following […]

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.

Letv will soon launch its next-generation super TV product in China. With the name of X55 Air, the new product will reportedly have a 55-inch display, full metal frame, and it will support 4K resolution. The product will be sold at about CNY5,000. The X55 Air will adopt the similar production process with X60S; however, […]

Li Keqiang tells Davos country’s economy will avoid hard landing but growth will slow