Shenzhen Cowin Capital is to make a full exit from Guangxi Nancheng Department Store via a strategic sale, as Hunan province-based supermarket and mall operator Better-Life Commercial Chain Share Co., Ltd. agreed to acquire the investment firm's remaining 2.32% stake for around RMB36.5 million, according to a regulatory filing. The sale, initially announced in May 2014, […]

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.

Bi Mingjian, a partner at Chinese private equity firm Hopu Investment Management Co., may return to China International Capital Corporation (CICC) as CEO of the Beijing-based financial services firm, according to unverified Chinese media reports. Bi, who has held numerous senior positions at CICC from late 1990s to 2005, is to succeed Levin Zhu, 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.

Litany of economic indicators flashing reasons for concern is growing longer