Syria is being wracked by two wars. One, between Syrian President Bashar al-Assad and rebel groups like the Free Syrian Army, can be resolved only through the kind of diplomatic solution that the peace talks in Vienna are aiming to reach; the other, be…

Chinese online travel website has been spreading its kisses around

Chinese raw milk producer China Zhongdi Dairy Holdings Co., Ltd., backed by CITIC Capita and Vertex Investment, is seeking to raise as much as HK$508.4 million (US$65.6 million) in an Hong Kong initial public offering, according to a securities filing. The company plans to issue 391 million new shares at HK$1.2 to HK$1.3 per share. […]

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CDH Investments-backed Chinese snack food maker Fujian Dali Foods Group Co. Ltd. has raised US$1.14 billion in an initial public offering in Hong Kong, after pricing its shares near the bottom of an indicative range of HK$5 to HK$6.15 per share. Its shares began trading today on the Hong Kong Stock Exchange. CDH Investments acquired […]

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Shenzhen-listed movie, television and music production firm Huayi Brothers Media Corp. has agreed to invest RMB1.9 billion (US$298 million) in Beijing Hero Mutual Entertainment Technology Co., Ltd., a mobile games company backed by Sequoia Capital, Zhen Fund, and China Renaissance Partner, according to a securities filing. After the completion of the deal, Shenzhen-listed Huayi Brothers […]

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Alibaba Group Holding Limited has launched an NT$10 billion (US$310 million) entrepreneurs fund for Taiwan, hoping to support entrepreneurs interested in leveraging Alibaba's platforms in e-commerce, logistics, mobile platforms, cloud computing and financial services, says an announcement. The Taiwan Entrepreneurs Fund is a not-for-profit organization, and will invest in start-ups based on Alibaba's existing ecosystem […]

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Leadership under pressure as growth continues to grind down and debt piles up

Little indication of where the money from the development plan might flow, or how to tap into it

Taiwan's Hon Hai Precision plans to invest over CNY500 million in mainland China for its warehouse logistics and circuit board processing businesses. The company plans an additional investment in Chengdu Jusda Supply Chain Management Company…

Chinese search engine company Baidu reportedly plans to acquire a controlling stake in Mydala.com, a leading e-commerce platform for discounted products in India. According to reports in Indian local media, Baidu expressed an intention to acquire a majority stake in Mydala.com and the investment can reach up to USD100 million, which is about CNY630 million. […]

China's Lenovo published its unaudited performance for the second financial quarter ended September 30, 2015, stating that the group's revenue increased by 16% year-on-year to USD12.2 billion, which included the details of SystemX and Motorola for the entire quarter. Meanwhile, the group reported one-time costs of USD923 million, including USD599 million for restructuring and USD324 […]

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