Chasing higher valuations home has its risks for Chinese companies
CLSA Capital Partners has closed its third Asian real estate fund, named Fudo Capital III L.P., at its hard cap of US$1 billion, according to a securities filing. The fund, initially launched in March 2014, exceeded its initial target of US$850 million. It is to be managed by CLSA's pan-Asia real estate investment unit, Fudo […]
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New York Stock Exchange-listed Qihoo 360 Technology Co. Ltd. has received a preliminary non-binding proposal from its chairman and CEO, as well as a number of investors, to take the company private, according to a company announcement. CITIC Securities Co. Ltd., Golden Brick Capital Private Equity Fund I L.P., China Renaissance Holdings Limited, and Sequoia […]
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More than $28bn spent in past year as wealthy seek to invest abroad
Prices rise in 20 of the 70 cities tracked by official data
Lawmakers vote down China-backed plan after pro-Beijing camp stages walkout
Brand management company BlueFocus Communication Group will acquire two major mobile advertising companies Domob Limited and Madhouse Inc. The report revealed that BlueFocus will acquire a 100% stake in Domob Limited and a 95% stake in Domob Network Technology for USD289 million; and the company will acquire a 51% stake in Madhouse Inc. for USD61.2 […]
It is wishful thinking to suppose proverbs can substitute reform, writes Michael Schuman