China Mobile and China Publishing Group signed a strategic deal to enhance China Mobile's mobile reading service. With the agreement, the two parties will work together on digital reading services, including content development, e-book business model exploration, operations, and marketing. Financial terms of the deal were not released. For content cooperation, the two parties will […]
2014-06-07
Chinese private equity firms Yunfeng Capital and CITIC Private Equity Funds Management (CITIC PE) have agreed to invest at least RMB2 billion (US$320 million) in a unit of Chinese dairy firm Inner Mongolia Yili Industrial Group Co. Ltd., according to an announcement made by Yili. Yunfeng, co-founded by Alibaba Group's founder Jack Ma, and CITIC […]
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2014-06-07
Chinese private equity firm Capital Today, with offices in Shanghai and Hong Kong, is planning to raise an evergreen private equity fund with a target of US$400 million, according to media reports. This is believed to be the first evergreen private equity fund focused on the Chinese markets. The fund will have a 28-year fund […]
Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.
2014-06-07
The author is Li Junheng, founder of Chinese equity research firm JL Warren Capital We recently talked to a trust loan officer for Evergrande, and here is our conversation. Q: Tell us about Evergrande's debt? A: Evergrande is one of our main clients, and we’ve been working closely together for a long time. To date, […]
Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.
2014-06-07
Even if the Chinese eat lots more meat, the trend will be hard for investors to play