Investment

Chinese Investors' Mania for European Soccer Clubs Fades as Cultural Mismatch Dampens Spirits

Chinese Investors' Mania for European Soccer Clubs Fades as Cultural Mismatch Dampens Spirits

Chinese Investors' Mania for European Soccer Clubs Fades as Cultural Mismatch Dampens Spirits. Chinese investors' craze to buy European football…

Jul 31, 2018
Chen Han
Meitu Leads USD50 Million Funding in Plastic Surgery Community App

Meitu Leads USD50 Million Funding in Plastic Surgery Community App

Meitu, the developer of China’s leading selfie app, has led the latest round of financing in the country’s largest community app for the consumer medical sector.

Jul 30, 2018
Liu Jing & Liao Shumin
Chinese Firms Win Bid to Build Fourth Cross-Panama Bridge to Ease Trade Logistics

Chinese Firms Win Bid to Build Fourth Cross-Panama Bridge to Ease Trade Logistics

A group of two Chinese firms have won the tender to construct a bridge over the Panama Canal, which is the largest single bridge tender awarded to Chinese companies in the Americas.

Jul 30, 2018
Xu Wei
Hainan Poly Pharm Will Build USD73 Million Innovative Drug Base in East China

Hainan Poly Pharm Will Build USD73 Million Innovative Drug Base in East China

Chinese pharmaceutical firm Hainan Poly Pharm will invest CNY500 million (USD73 million) in Anqing in China's eastern Anhui province to…

Jul 27, 2018
Tang Shihua
NetEase Invests in UK’s Improbable Worlds to Develop Huge VR Games

NetEase Invests in UK’s Improbable Worlds to Develop Huge VR Games

NetEase, one of China’s biggest game publishers, has taken a minority stake in UK virtual reality startup Improbable Worlds to…

Jul 27, 2018
Liu Jing & Liao Shumin
JD.Com Takes 30% Stake in Allianz China as Insurer Morphs Into Joint Venture

JD.Com Takes 30% Stake in Allianz China as Insurer Morphs Into Joint Venture

JD.Com will take a 30 percent stake in the China subsidiary of global insurance giant Allianz after the unit won…

Jul 25, 2018
Liao Shumin
Digital Economy Cooperation to Take China-Germany Relations to Next Level, Chinese Diplomat Says

Digital Economy Cooperation to Take China-Germany Relations to Next Level, Chinese Diplomat Says

Cooperation between China and Germany in fields related to the digital economy has the potential to take the countries’ bilateral links to the next level, a Chinese diplomatic official has said.

Jul 25, 2018
Chen Juan & Liu Jing
UK-China Chamber of Commerce Aims to Deepen Financial Ties

UK-China Chamber of Commerce Aims to Deepen Financial Ties

The Chinese Chamber of Commerce in the UK is still fully committed to further promoting business cooperation between China and the UK, said its Chairman Yu Sun.

Jul 25, 2018
Chen Juan & Liu Jing
China Tower Will Snag USD8.7 Billion in Biggest Hong Kong IPO in Eight Years

China Tower Will Snag USD8.7 Billion in Biggest Hong Kong IPO in Eight Years

China Tower Corp, the world’s largest telecommunications tower group by revenue, staged a roadshow of its initial public offering in Hong Kong yesterday,…

Jul 24, 2018
Liu Jing
Evergrande Extends Stock Buyback to Support Flailing Share Price

Evergrande Extends Stock Buyback to Support Flailing Share Price

Evergrande Extends Stock Buyback to Support Flailing Share Price. China’s second-biggest property developer Evergrande Group has bought back another HKD46…

Jul 20, 2018
Liu Jing & Liao Shumin
Tencent-Backed Q&A Platform Hits USD2.5 Billion Valuation

Tencent-Backed Q&A Platform Hits USD2.5 Billion Valuation

Zhihu, the online question-answering community backed by Tencent Holdings, has raised USD300 million in funding, valuing the platform at around USD2.5 billion, online news outlet 36Kr reported.

Jul 19, 2018
Liao Shumin
Changbao Eyes Shale Gas Market With Pipe Factory Investment

Changbao Eyes Shale Gas Market With Pipe Factory Investment

Changbao Eyes Shale Gas Market With Pipe Factory Investment. Changbao Steel Tube aims to capitalize on the rapid development of…

Jul 19, 2018
Tang Shihua

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