Drop of 25% comes amid growing calls for interest rate cut

Shanghai-headquartered children leisure service provider Shanghai Yuyuto Entertainment Facilities Co., Ltd., has secured RMB200 million (US$32 million) series C financing from Fortune Venture Capital, Shenzhen Cowin Capital, TCL Industrial Funds and Mountain View Capital, according to Chinese media reports. Other domestic investors including GF Securities also participated in this round of financing. In February 2014, […]

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Territory’s tough marriage market prompts educated females to look for rich husbands in mainland

Asian private equity firm Baring Private Equity Asia has reached final closing of its sixth fund, the Baring Asia Private Equity Fund VI, at a hard cap of US$3.988 billion, according to a company announcement. The fund reached its first closing of US$3.3 billion last year within four months of launching. The latest fund will […]

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