Investment

Tik Tok's Parent Denies IPO Rumors Despite Its Grand Expansion Plan

Tik Tok's Parent Denies IPO Rumors Despite Its Grand Expansion Plan

Tik Tok's Parent Denies IPO Rumors Despite Its Grand Expansion Plan. Bytedance Technology, the firm behind popular Chinese news aggregator…

Jul 11, 2018
Xu Wei
JD Eyes Luxury Retail With Secoo Investment

JD Eyes Luxury Retail With Secoo Investment

JD.Com, China’s second-biggest e-commerce player, is turning its attention to the high-end retail sector with its participation in an investment…

Jul 10, 2018
Xu Zuwei & Liao Shumin
China's Wealth Fund Posts Its Best Annual Performance, Hungry for More US Stakes

China's Wealth Fund Posts Its Best Annual Performance, Hungry for More US Stakes

China's Wealth Fund Posts Its Best Annual Performance, Hungry for More US Stakes. China Investment Corp., the country's USD941 billion sovereign…

Jul 9, 2018
Liao Shumin
CK Hutchison Tightens Grip on Italian Telecoms With USD2.9 Billion Deal

CK Hutchison Tightens Grip on Italian Telecoms With USD2.9 Billion Deal

CK Hutchison Holdings, founded by billionaire Li Ka-shing, will pay EUR2.5 billion (USD2.9 billion) to take a remaining 50% stake…

Jul 4, 2018
Liao Shumin
Ant Financial Invests USD100 Million in Stock Market Social Network

Ant Financial Invests USD100 Million in Stock Market Social Network

Ant Financial Services Group, the world’s largest fintech company, has injected close to USD100 million in China’s Snowball Finance, a…

Jul 4, 2018
Liao Shumin
JD.com Launches JDesigner to Compete With Tmall’s Boutique Brands

JD.com Launches JDesigner to Compete With Tmall’s Boutique Brands

China's JD.Com has opened a new online shop focused on high-end designer brands as part of the country's second-biggest e-commerce…

Jul 3, 2018
Jia Yufan
Hillhouse Capital Leads Fundraising for Online English School in China

Hillhouse Capital Leads Fundraising for Online English School in China

Chinese online English school Magic Ears Technology has raised CNY120 million (USD18 million) in funding, which allows it to align…

Jul 2, 2018
Liao Shumin
Airwallex Closes Series B Fundraising With USD80 Mln

Airwallex Closes Series B Fundraising With USD80 Mln

International payments company Airwallex today announced the successful completion of its Series B fundraising. The company has now secured USD80…

Jul 2, 2018
Yicai Global
Xiaomi Aims to Open 1,000 Stores Within 18 months

Xiaomi Aims to Open 1,000 Stores Within 18 months

Lei Jun, the founder of soon-to-go-public Chinese electronics firm Xiaomi has repeatedly set out plans to increase the number of…

Jun 30, 2018
Wang Lina
Baidu's Stock Drops Despite USD1 Billion Share Buyback, CRD Issuance Plans

Baidu's Stock Drops Despite USD1 Billion Share Buyback, CRD Issuance Plans

Baidu [NASDAQ: BIDU], one of China's leading browsers, has authorized a USD1 billion share repurchase program while preparing for a…

Jun 28, 2018
Liao Shumin
China Firms Come Out on Top in All-Asia Executive Team

China Firms Come Out on Top in All-Asia Executive Team

China Firms Come Out on Top in All-Asia Executive Team. Four Chinese firms swept their sectors in the 2018 All-Asia…

Jun 26, 2018
Xu Wei
HNA to Stay Afloat, Keep on Unloading With Fresh Pinghu Tourism Firm Sell-Off

HNA to Stay Afloat, Keep on Unloading With Fresh Pinghu Tourism Firm Sell-Off

HNA Group keeps on deleveraging as its real estate arm announced a sale of all shares in Pinghu Jiulongshan Dragon Tourism Development.

Jun 26, 2018
Liao Shumin

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