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Investment

H&T Intelligent Will Up Its Stake in Italian Smart Controller Maker to 55%

H&T Intelligent Will Up Its Stake in Italian Smart Controller Maker to 55%

Shenzhen H&T Intelligent Control Co. will acquire an Italian smart controller maker for EUR4.33 million (USD5.3 million) via its wholly-owned…

Feb 23, 2018
Tang Shihua
Lepu Medical Votes for Merck's Acquisition of Australian Biotech Company

Lepu Medical Votes for Merck's Acquisition of Australian Biotech Company

Lepu Medical Technology (Beijing) Co. has resolved in favor of U.S. medical giant Merck & Co.’s acquisition of all shares…

Feb 23, 2018
Tang Shihua
Ant Financial Pumps USD32 Million Into Smart Parking Operator

Ant Financial Pumps USD32 Million Into Smart Parking Operator

A unit under Alibaba’s payment arm Ant Financial Services Group has penned a deal to plow CNY200 million (USD32 million) into smart parking operator Shenzhen Shunyitong Information Technology Co.

Feb 14, 2018
Liao Shumin
HNA Group Unit Tianjin Airlines Receives USD63 Million from Government-Backed Investor

HNA Group Unit Tianjin Airlines Receives USD63 Million from Government-Backed Investor

Tianjin Airlines Co., a unit of cash-strapped Chinese conglomerate HNA Group Co., will receive a capital injection of CNY400 million…

Feb 13, 2018
Tang Shihua
Foxconn Unit Seeks Mainland IPO to Raise Funds for 5G, Internet of Things

Foxconn Unit Seeks Mainland IPO to Raise Funds for 5G, Internet of Things

Hon Hai Precision Industry Co., the world’s largest contract electronics maker and better known as Foxconn, plans to list one…

Feb 12, 2018
Liao Shumin
Dongxu Plans USD480 Million NEV Plant to Tap Domestic Demand

Dongxu Plans USD480 Million NEV Plant to Tap Domestic Demand

Dongxu Optoelectronic Technology Co., traditionally a Chinese component maker, will invest CNY3 billion (USD477.5 million) in a new factory in…

Feb 7, 2018
Dou Shicong
Investors Shun USD2.7 Million in Shares of Shanghai’s Priciest IPO

Investors Shun USD2.7 Million in Shares of Shanghai’s Priciest IPO

Hebei Yangyuanzhihui Beverage Co.’s [SHA:603156] purchase results released Feb. 5 showed that investors who won subscription rights, whether online or…

Feb 6, 2018
Liao Shumin
Five Listed Firms Pay No Dividends; 11 Get Notice From Shanghai Bourse

Five Listed Firms Pay No Dividends; 11 Get Notice From Shanghai Bourse

The Shanghai Stock Exchange (SSE) summoned five listed companies, which have distributed no dividends in recent years, to hold a special briefing session on cash distribution payments yesterday.

Feb 6, 2018
Liao Shumin
Chinese Fintech Startup Xencio to Speed Up Product Development With New Funds

Chinese Fintech Startup Xencio to Speed Up Product Development With New Funds

Xencio Technology Co., a Chinese B2B provider of intelligent finance and capital management services, will accelerate product innovation and support…

Feb 5, 2018
Tang Shihua
Shanghai Yanxi Import & Export Website Raises USD5 Million in Series-A

Shanghai Yanxi Import & Export Website Raises USD5 Million in Series-A

A website run by Shanghai Yanxi Import & Export Co., a cross-border e-commerce startup, recently closed CNY30 million (USD4.8 million)…

Feb 2, 2018
Tang Shihua
Uncertainty Over Trust Fund Leverage Policy Remains After A-Share Indexes Slump

Uncertainty Over Trust Fund Leverage Policy Remains After A-Share Indexes Slump

Three major A-share indexes slumped yesterday, with more than 2,900 stocks falling and over 220 of them plunging by their…

Feb 2, 2018
Liao Shumin
Alibaba Leads USD300 Million Round for Online Indian Grocer Bigbasket

Alibaba Leads USD300 Million Round for Online Indian Grocer Bigbasket

Bigbasket.com, operated by Innovative Retail Concepts Private Ltd., India's largest online grocer, recently nabbed USD300 million in a financing round…

Feb 2, 2018
Xu Wei

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