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

Watchdog says risks are under control and sector is stable as officials hit back at critics

Barack Obama’s recent visit to Hiroshima was not only the first by a sitting US president to that city, which was annihilated by an American nuclear bomb in 1945. It also drew attention to Obama’s disappointing record on non-proliferation.

An awkward partnership in a promising market

Campaign extended to top departments and overseas as Xi prepares for leadership transition

roger-wuIn this episode of China Money Podcast, guest Roger Wu, a partner at consumer-oriented private equity firm Maison Capital, spoke to our host Nina Xiang on China's O2O (online-to-offline) bubble and the firm's investment in a Chinese healthcare device maker. Don't forget to subscribe to China Money Podcast for free in the iTunes store, or […]

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Clash of Clans iconTencent Holdings Limited confirmed that the company will acquire an 84.3% stake in Supercell for USD8.6 billion, including a 73% …

semiconductor chipDutch semiconductor device giant ASML Holdings NV has agreed to acquire its Taiwanese competitor Hermes Microvision for about NTD100 billion, …

European supermarket chain Metro has opened its first Chinese food and beverage institute in Shanghai. This food and beverage institute will also cover Jiangsu and Zhejiang provinces. It will establish an industrial training and communications…

virtual-reality copyLeVR, an virtual reality (VR) affiliate of Chinese internet company LeEco, is raising a new round of financing of over RMB300 million (US$46 million), according to Chinese media reports. A unit of China Bridge Capital is reportedly the lead investor in the round, which values LeVR at over RMB3 billion. If completed, the financing round […]

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TVMango TV, the online video platform of Hunan Satellite TV, has completed a RMB1.5 billion (US$228 million) new funding round with a post-money valuation of RMB13.5 billion (US$2 billion), according to Caixin Media. The investors in the round are not disclosed, but they include several state-owned private equity funds, according to the Caixin article. The […]

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.

mobile-appIDG Capital Partners had led a US$60 million new strategic financing round in U.S. payment app Circle, with an aim to help the company expand in China. Breyer Capital, Baidu Inc., CICC Alpha, China Everbright Ltd., Chinese auto parts maker Wanxiang Group Corporation and Internet finance firm CreditEase also participated in the round. 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.

cppibThe Canada Pension Plan Investment Board (CPPIB) has appointed Alain Carrier (pictured) as senior managing director and head of international. Suyi Kim has been named managing director, head of Asia and will report to Carrier. Carrier will be responsible for CPPIB’s international investment activities and will also continue as head of Europe. He has been […]

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.

FoodOver 75% of China's netizens have ordered food online or via mobile apps, up from 35% two years ago, says a new research report by Tencent Holdings Ltd. In comparison, the penetration rate for online food delivery in the U.S. is at around 5%, according to a recent Morgan Stanley research report. The convenience of […]

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.

china-nude-iouA new wave of Internet finance is raging across university campuses in China. More and more female students are borrowing money with nude photos or videos as collateral. Any female students can apply for quick loans ranging RMB500 (US$76) to RMB50,000 (US$7,603) if she supplies all the documents, including nude photos or videos while holding […]

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helathcare000opSpring Rain Software Co. Ltd., a Beijing-based mobile healthcare app maker backed by China International Capital Corporation Limited (CICC) and other investors, has reportedly completed a RMB1.2 billion (US$183 million) pre-IPO round and is preparing for an initial public offering. The company, also known as Chunyu Yisheng in Chinese, is planning to spin out its […]

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Founder and 18 associates targeted after $6.4bn shadow financing scandal

Huawei in FranceChinese telecom device maker Huawei announced plans to build a mathematics research institute in France. The institute will reportedly have …

After years of reluctance, courts join campaign against overcapacity and debt