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

Senior official offers rare insight into Beijing family planning thinking

Before Britain's 2017 referendum on EU membership, Europe's leaders must find a way to balance the need for deeper eurozone integration and the interests of non-euro countries like the UK. The best approach would be to divide Europe formally into two g…

A great deal of water has flowed through the Taiwan Strait in the 70 years since the leader of China’s Communists, Mao Zedong, met his nationalist opponent, Chiang Kai-shek. So what was the purpose of the recent meeting in Singapore between their heirs, Xi Jinping and Ma Ying-jeou, and what does it portend for China-Taiwan relations?

Shenzhen-based cosmetics e-commerce and online beauty community start-up Meilaapp has completed series C round of financing worth tens of millions U.S. dollar led by Tiantu Capital, according to the company's Weibo account that links to a news report. Existing investor Morningside Ventures also participated. "Online community-based e-commerce is a new business model that is experiencing […]

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Wenzhou Kangning Hospital Co., Ltd., a Chinese psychiatric healthcare group backed by Tianjin Taiding Investment Co., Ltd. and Shenzhen Defu Fund Management Co., Ltd., is seeking to raise as much as HK$680 million (US$88 million) in an initial public offering in Hong Kong, according to a securities filing. The company is planning to sell 17.6 […]

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Lexington, Massachusetts-based QD Vision, a next-generation OLED display developer, has completed US$22 million new round of financing led by Tsing Capital and BASF Venture Capital GmbH, according to a company announcement. The company says it will use the proceeds to invest in further development of intellectual property inventions and to support the company’s accelerating growth. […]

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Shanghai-based Weimob, a customer relationship management (CRM) solution provider based on Tencent Holdings Limited's Wechat app, has completed RMB500 million (US$79 million) series C round of financing led by HNA Group, according to a company announcement. The round values the two-year-old start-up at RMB2 billion (US$315 million) after the injection of the new capital, says […]

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China's consumer price index (CPI) moderated to 1.3% year-on-year in October, down from a 1.3% increase in September. On a month-on-month basis, CPI fell 0.3%, compared with a 0.1% increase in September. In particular, food inflation moderated to 1.9% in October, down from an increase of 2.7% in September. Producer price index (PPI) declined 5.9% […]

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Beijing-based Anbang Insurance Group Co., Ltd. has agreed to acquire New York Stock Exchange-listed U.S. annuities and life insurer Fidelity & Guaranty Life for US$1.57 billion, according to a joint announcement. Anbang will acquire all of Fidelity & Guaranty Life's outstanding shares at US$26.80 per share, representing a 28.9% premium over the company's closing share […]

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Hong Kong-based private equity real estate firm Gaw Capital Partners is raising US$1.5 billion for its fifth Asian real estate investment fund, according to a person with direct knowledge of the matter. The new vehicle, Gaw Capital Gateway Fund V, targets to invest around US$750 million in mainland China with Asia as the fund's overall […]

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Gome Electrical Appliances Holding Limited published a report that the company has reached a revised agreement to acquire retail assets owned by its controlling shareholder Huang Guangyu for HKD9.095 billion. According to this new agreement,…

Huang Guangyu, who was sentenced to more than a decade behind bars in China for stock market manipulation, has finally sold his controlling assets in his electronics retail firm. Gome Electrical Appliances Holding Limited published a report that the company has reached a revised agreement to acquire retail assets owned by its controlling shareholder Huang […]

Wholesale blocking of steel imports will do more harm than good

Chinese telecom device maker ZTE says from January to September 2015, the company's operating revenue reached CNY68.523 billion, a year-on-year increase of 16.53%; its net profit attributable to shareholders was CNY2.604 billion, a year-on-year increase of 42.19%; and its basic earnings per share were CNY0.63. For the third quarter alone, ZTE reported operating revenue of […]