The growing temptation in Britain to abandon what appears to be the sinking ship of Europe and go it gloriously alone certainly is understandable. The question is whether “Brexit” would be as beneficial as its proponents seem to think.
2015-11-11
Hong Kong-based alternative investment firm CITIC Capital Holdings Limited is seeking to list on China's New Third Board, the National Equities Exchange and Quotation (NEEQ), according to a disclosure document. At the same time, CITIC Capital has raised US$200 million for a fund focused on infrastructure investments related to China's One Belt One Road (OBOR) […]
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.
2015-11-11
Beijing-based online used car trading platform Haoche51.com has completed US$50 million series B round of financing led by Source Code Capital and another obscure Chinese investor, according to Chinese media reports. Existing investors Matrix Partners, Chengwei Ventures and FutureCap also participated. Launched in July 2014, Haoche51.com previously received US$20 million series A funding from Matrix […]
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.
2015-11-11
Fixed-asset investment near 15-year low as painful rebalancing under way
2015-11-11
Shanghai-based online education firm Zhan.com has completed US$60 million series C round of financing from Sequoia Capital and other undisclosed investors, according to Chinese media reports. China Money Network is unable to verify the news. The round follows a US$29 million series B round led by GGV Capital and Shunwei Capital announced by 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.
2015-11-11
Chinese digital media and display advertising firm Focus Media Holdings Limited's planned reverse merger with Shenzhen-listed computers and accessories maker Hedy Holding Co., Ltd. has obtained approval from local commerce bureaus, say a securities filing. The deal, which values Focus Media at RMB45.7 billion (US$7.2 billion), still needs to be approved by the Chinese securities […]
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.
2015-11-11
Private placement agent First Avenue has opened an office in Hong Kong to further its presence in the Asia Pacific region. The company currently has offices in London, New York, San Francisco and Sydney, says a company announcement. The Hong Kong office will be led by Michael Henningsen, who joins the firm as a partner. […]
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.
2015-11-11
In this episode of China Money Network, guest Kathy Walsh, associate professor of finance at the Australian National University, spoke to our host Nina Xiang. She explained why the Chinese currency has a greater chance than the Euro to form a dual-currency system alongside the U.S. dollar, and how the global network of offshore RMB […]
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.
2015-11-11
Chinese property developer Kaisa Group Holdings Ltd.'s recently announced debt restructuring plan shows that an orderly restructuring in a distressed situation is the most likely outcome for future default cases in China, says a research report by rating agency Standard & Poor's Ratings. Kaisa defaulted on an offshore note in March. The latest proposal calls […]
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.
2015-11-11
Wanda Cinema Line, a unit of Chinese property developer Dalian Wanda Group, has completed the acquisition of Hoyts by buying HG Holdco's 100% stake and acquiring an AUD70 million loan from HG ANZ for CNY2.246…
2015-11-11
In the West, today is the remembrance of the end of World War One. But in China, November 11 is Singles' Day and the entire country has prepared for an online sales onslaught. In 2014, Alibaba posted more than USD9 billion in sales on China's Singles' Day. And this year rivals JD.com and Suning hope […]
2015-11-11
During the past five years, some 100,000 unaccompanied migrant children from Guatemala, Honduras, and El Salvador have been apprehended at the southern border of the US. While the challenges of the so-called Northern Triangle cannot be addressed throug…