Investment

Chinese Voice Tech Startup Inks USD100 Million in Financing, Plans IoT-Based Chip Debut

Chinese Voice Tech Startup Inks USD100 Million in Financing, Plans IoT-Based Chip Debut

Chinese artificial intelligence startup Beijing Unisound Information Technology Co. has secured USD100 million in C-round funding, led by Zhongdian…

May 11, 2018
Xu Wei
China’s Menswear Retailer HLA Buys Majority Stake in Electronic Payment Firm

China’s Menswear Retailer HLA Buys Majority Stake in Electronic Payment Firm

Chinese menswear retailer Heilan Home Co. [SHA:600398], better known as HLA, has become the largest shareholder of Shanghai Handpay Information…

May 10, 2018
Liao Shumin
Suning.Com’s General Meeting Agrees to Sell 0.3% Stake in Alibaba

Suning.Com’s General Meeting Agrees to Sell 0.3% Stake in Alibaba

Suning.Com’s General Meeting Agrees to Sell 0.3% Stake in Alibaba. A general meeting of Suning.Com Co. passed a resolution authorizing…

May 10, 2018
Liao Shumin
We Doctor Wraps Up USD500 Million Pre-IPO Funding, Speeds Its HK Listing

We Doctor Wraps Up USD500 Million Pre-IPO Funding, Speeds Its HK Listing

We Doctor Holdings Ltd. secured USD500 million in pre-initial public offering financing, led by strategic investors AIA Group Ltd. and…

May 10, 2018
Xu Wei
Invengo’s Unit to Acquire Dutch Digital Library Management System Provider for USD203 Mln

Invengo’s Unit to Acquire Dutch Digital Library Management System Provider for USD203 Mln

Shenzhen-based Invengo Information Technology Co. will acquire majority shares of a Dutch digital library management system provider through its wholly-owned…

May 9, 2018
Tang Shihua
China’s Qixiang Tengda to Set Up Propylene Deep Processing JV With South Korea’s SKC

China’s Qixiang Tengda to Set Up Propylene Deep Processing JV With South Korea’s SKC

China’s Zibo Qixiang Tengda Chemical Co. will team up with South Korean chemical heavyweight SKC Co. to invest in a…

May 7, 2018
Tang Shihua
DunAn Group Appeals for Bailout Amid USD7 Billion Debt Crisis

DunAn Group Appeals for Bailout Amid USD7 Billion Debt Crisis

Private Chinese conglomerate DunAn Holding Group Co. has appealed to local authorities and banks for a bailout amid mounting debts totaling CNY45 billion (USD7 billion).

May 4, 2018
Wang Shifeng
China Aims to Open More Futures Markets, CSRC Vice Chairman Says

China Aims to Open More Futures Markets, CSRC Vice Chairman Says

China plans to open more futures markets to overseas institutional investors after allowing foreigners to trade iron ore in the…

May 4, 2018
Liao Shumin
Fosun’s Guo Hooks Up With China’s Top Dating Site

Fosun’s Guo Hooks Up With China’s Top Dating Site

Fosun International Ltd.’s billionaire Chairman Guo Guangchang has agreed to pay almost CNY4 billion (USD632 million) for a controlling stake…

May 4, 2018
Liao Shumin
Nomura Mulls JV With Chinese Firm to Manage Local Assets

Nomura Mulls JV With Chinese Firm to Manage Local Assets

Nomura Mulls JV With Chinese Firm to Manage Local Assets. Japan-based Nomura Holdings Inc. is considering forming a joint…

May 4, 2018
Xu Wei
China’s Mainland Bourses Get Green Light to Buy 25% of Dhaka Stock Exchange

China’s Mainland Bourses Get Green Light to Buy 25% of Dhaka Stock Exchange

The Shanghai and Shenzhen bourses have gained regulatory approval at home and abroad to purchase a 25-percent stake in Bangladesh’s…

May 4, 2018
Liao Shumin
Semir Garment to Buy French Kids' Clothes Firm for EUR110 Million

Semir Garment to Buy French Kids' Clothes Firm for EUR110 Million

Children's clothes maker Zhejiang Semir Garment Co.'s Hong Kong unit will buy French kids' garments firm Kidliz Group, which owns…

May 3, 2018
Tang Shihua

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