Price equivalent to 245 years of taxi commuting to and from city centre
2016-10-28
Germany seeks to protect companies in strategic sectors from Beijing approaches
2016-10-28
The rise of protectionism and anti-immigrant sentiment in Britain, America, and Europe is widely believed to reflect stagnant incomes, widening inequality, structural unemployment, and even excessive monetary easing. But there are several reasons to qu…
2016-10-28
Smallville Capital, CSC Group and China's SME Fund have invested RMB900 million (US$133 million) in a Shenzhen-based lithium battery company BAK Battery. The company said it had raised RMB800 million (US$118 million) earlier this year from Shenzhen-listed industrial firm, Wuhu Token Sciences Co., Ltd. Founded in 2001, BAK has three main businesses, including lithium battery, […]
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2016-10-28
Guangzhou, China, October 28, 2016 /ChinaNewswire.com/ – For Their Eyes Only charity ride has kicked off in China. Up to 20 riders from AccorHotels Greater China and partner organizations started the journey from Pullman Zhuhai this morning. The team will ride 350 kilometers in the coming three and a half days with stops in counties… Read More
2016-10-28
The US$1.4 billion IPO from ZTO Express is the first listing of a Chinese express delivery firm in the U.S. It opens a rare window through which global investors can gain a peek inside China's gigantic and ultra-competitive express delivery industry. Four major Chinese competitors of ZTO have or are in the process of listing […]
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2016-10-28
Artificial intelligence, big data, virtual reality, drones, robots, Internet of Things and aerospace projects are the focus of a new …
2016-10-28
Maternity and baby products online shopping site Mia.com is adding equity to its coffers, according to Chinese media. Mia.com's founder …
2016-10-28
While Xiaomi has been lauded over the past few days for the launch of its bezel-less Mi Mix smartphone, the …
2016-10-28
FT Confidential Research survey finds falling sales and weakening price growth
2016-10-28
The Abu Dhabi Investment Authority (ADIA) has opened an office in Hong Kong, marking its first on-the-ground presence in the territory. It also announced the appointment of Dong-Sinh Ngo as chief representative Asia Pacific based in Hong Kong. ADIA Hong Kong will act as a platform for ADIA to broaden and deepen its network of […]
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2016-10-28
As venture deal value in China collapsed 64% to US$3.9 billion in the third quarter from US$10.9 billion last year, healthcare investments in the country held up relatively well as investors remain bullish on the sector. A total of 48 venture capital and private equity deals took place in China's healthcare sector during the third […]
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2016-10-28
Ten Chinese angel and venture firms, including the Zhen Fund, Innovation Angel Funds and CAS Star, have jointly launched an accelerator focused on artificial intelligence and big data. The objective is to incubate the next great companies comparable to China's current technology giants such as Alibaba, Tencent and Baidu. The accelerator will concentrate on artificial […]
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2016-10-28
Yemen and other conflict zones become testing ground for next generation of weapons
2016-10-28
Shenzhen Topband Co., Ltd. has led a RMB110 million (US$16 million) series B funding round in Chinese smart home solutions provider Orvibo, with participation from existing investor SAIF Partners and others. Shenzhen-listed Topband manufactures a wide range of electronic products, including power bank, portable power and solar chargers, as well as smart control units. "We […]
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2016-10-28
China's WH Group Ltd., the world's largest pork supplier, said on Friday Chinese alternative investment firm CDH Investments plans to sell an aggregate HK$10.6 billion (US$1.37 billion) worth of shares to further reduce its stake in the company. CDH Investments plans to sell one billion WH shares at HK$6.25 each, reducing its stake in the […]
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2016-10-28
Beijing-based maternity and baby products e-commerce platform Mia.com has raised a new round of financing, the company's founder Liu Nan said in an internal letter. "We have completed a new round of financing, and our valuation continues to increase, indicating capital markets' confidence in industry leaders despite the so-called venture winter," Liu wrote in the […]
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