China Business Blog - Aggregated China Business Blogs
Aggregated China Business Blogs

The Buddha, Siddhartha Gautama, composed no sutta to religious hatred or racial animus. And yet Buddhist chauvinism now threatens the democratic transitions in both Myanmar and Sri Lanka.

China Investment Corp. has emerged as the winner of an auction, paving the way for it to acquire a property portfolio of nine Australian office buildings from Morgan Stanley's real estate investment arm for an undisclosed amount, according to a company statement. Investa Property Trust, currently held by Morgan Stanley Real Estate Investing, may fetch […]

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Guangzhou city, Guangdong province-based online plastic trading platform Zhaosuliao.com has completed US$36 million series B financing led by New Horizon Capital, according to Chinese media reports. GX Capital, Qiming Venture Partners, IDG Capital Partners, and Zhenshun Fund also participated in the round. The company says it will use the proceeds on expanding its network and […]

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.

New York Stock Exchange-listed Chinese student tutoring service firm Xueda Education Group has agreed to be acquired by Shenzhen-listed Xiamen Insight Investment Co., Ltd., which is controlled by Tsinghua Unigroup Limited, according to a company announcement. Xiamen Insight has raised its offer and plans to acquire all of Xueda Education's shares for US$5.50 in cash […]

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Shanghai-based P2P (peer to peer) lending platform China Rapid Finance has completed initial closing of US$35 million series C round of financing led by Sino-U.S. private equity firm Broadline Capital, according to a company announcement. An unnamed private equity firm, a family office and other investors also participated in the round, which valued the company […]

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.

Hanover, New Hempshire-headquartered White Mountains Insurance Group has agreed to sell its subsidiary, Sirius International Insurance Group, to a Singapore-based investment arm of China Minsheng Investment Corp. for approximately US$2.2 billion, according to a company announcement. CM International Holding PTE is to pay cash for the transaction, which will help expand China Minsheng's international insurance […]

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.

Shanghai Composite ends volatile session down 1.7%

L'Occitane, international retailer of body, face, fragrances and home products based in Manosque, France, published its sales performance for the first quarter of the 2016 financial year, stating that by June 30, 2015, the company's…

Kingsoft Cloud has reached a deal with HP to provide medical, banking, and gaming industry customers with platform and application services based on private and mixed clouds. As both companies have private cloud businesses in China, Zhang Hongjiang, chief executive officer of Kingsoft, said HP has a deep understanding of the Chinese market. When launching […]