Plan would have flooded last free-flowing middle section of Yangtze river
2015-04-08
In the midst of a tumultuous region, Turkey represents an island of peace, democracy, security, and stability. As efforts to restart accession talks between Turkey and the European Union move forward, negotiators should bear in mind the country's polit…
2015-04-08
In the midst of a tumultuous region, Turkey represents an island of peace, democracy, security, and stability. As efforts to restart accession talks between Turkey and the European Union move forward, negotiators should bear in mind the country's polit…
2015-04-08
Global private equity giant the Blackstone Group L.P. has transferred its Hong Kong based M&A advisory business, the Blackstone Advisory Partners Asia, to an independent advisory firm established by the head of the unit, Anthony J. Steains, according to a company announcement. The new entity, Hong Kong-based Comprador Limited, will continue to advise blue-chip corporates […]
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2015-04-08
Shanghai-based cosmetics e-commerce platform Lili & Beauty has completed US$100 million series B financing led by China-focused venture firm Crescent HydePark, according to media reports. Chinese venture and equity investment firms Milestone Capital and New Access Capital also participated in the round. Founded in 2007, Lili & Beauty received undisclosed series A financing in 2012. […]
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.
2015-04-08
Beijing-based social networking mobile app maker Qingchifan has completed an undisclosed series B financing led by Vertex Venture Holdings, according to media reports. Existing investor Sequoia Capital also participated. Launched in February 2014, Qingchifan allows users to invite others to eat together in a restaurant, and therefore expand their social circle. The company received undisclosed […]
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.
2015-04-08
Hong Kong-based private equity firm Ascendent Capital Partners is reportedly seeking to raise US$500 million for its third fund, according to media reports. Representatives at the firm did not immediately respond to inquires to confirm the news. Founded in 2011 by former D.E. Shaw and Goldman Sachs executives Meng Liang and Kevin Zhang, China-focused Ascendent […]
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.
2015-04-08
Chinese online game developer and operator Shanda Games announced that they have signed a final privatization agreement with Capitalhold Limited and its wholly-owned subsidiary Capitalcorp Limited. According to this final agreement Capitalhold Limited will pay USD3.55 per ordinary share, which is USD7.10 per ADS, to Shanda Games. Calculating by this price, the valuation of Shanda […]