Terrorism is a serious problem, but it has been blown out of proportion by political opportunism and a sensationalist news media. Managing terrorism requires us to recognize that it is a form of theater aimed at eliciting a disproportionate, counterpro…
2016-02-04
Foreign asset managers no longer subject to individual quotas for stock and bond investment
2016-02-04
Washington believes it has most valuable Chinese intelligence source ever to flee to America
2016-02-04
There are 35 Chinese unicorns, or private companies valued at US$1 billion or above, double from last year's tally, according to the latest unicorn rankings released by Fortune. Chinese unicorns took up 21% of such highly valued companies, usually backed by venture investors, among the 173 recorded around the world. Last February, Fortune said there […]
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2016-02-04
Beijing-based cancer drug developer BeiGene (Beijing) Co., Ltd., backed by Hillhouse Capital and CITIC Private Equity, has completed an initial public offering in the U.S., raising around US$158 million. The company sold 6.6 million shares at US$24 per share, at the upper end of its indicative price range of US$22 to US$24. Its shares began […]
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.
2016-02-04
Catalyst CEL Fund, a joint venture fund managed by China Everbright Ltd. and Israeli private equity firm Catalyst Private Equity Management Ltd., has raised over US$200 million to make investments in China and Israel, according to a company announcement. The news follows a US$100 million first closing reached in February 2014, and the fund's establishment […]
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.
2016-02-04
European private equity firm Apax Partners and other investors have agreed to sell their stake in Tommy Hilfiger Asia Ltd. to Tommy Hilfiger's parent company, according to a company statement. PVH Corp., the U.S. clothing company owning brands including Tommy Hilfiger and Calvin Klein, has entered into a definitive agreement to acquire 55% of China-focused […]
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.
2016-02-04
Sterling Heights, Michigan-based Key Safety Systems (KSS), backed by FountainVest Partners, the Canada Pension Plan Investment Board and Crestview Partners, has entered into a definitive agreement to be acquired by Shanghai-listed Ningbo Joyson Electronic Corporation, says a company announcement. The Chinese automotive accessories maker will acquire outstanding shares of KSS, a maker of car safety […]
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.
2016-02-04
First fall in demand for securities for a decade
2016-02-04
Chinese Internet video company Ku6.com announced that their board of directors has received an initial non-binding privatization offer from controlling …
2016-02-04
HK insurance offices have been teeming with mainland Chinese customers