Beijing-based job hunting website Nashangban.com has completed RMB25 million (US$4 million) series A financing, according to official announcements on its Weibo and Facebook accounts. A number of Chinese local investors participated in this round, including Rushan Investment Management Co., Ltd, investment arm of Chinese diversified industrial group DunAn Holding Group. Intune Capital and angel investor […]

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Beijing-based private equity firm Heaven-Sent Capital Management Group Co. has invested RMB200 million (US$32 million) in Shenzhen-listed television and movie producer, Great Wall Movie and Television Co.,Ltd., according to a security filing. Great Wall will issue 50.7 million shares via a private share placement at RMB17.26 apiece, for a total amount of RMB875 million, to […]

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Chinese Internet video company Letv.com announced that they have established a new smart hardware development company named Leie. Leie will focus on the development of smart hardware to connect smartphones and smart TVs and establish a smart product ecosphere with content and applications focusing on health, entertainment, sports, and families. The company appointed Peng Gang, […]

Beijing has stayed the course with Islamabad while Washington has blown hot and cold