Xueqiu.com, a Chinese social investment website, has completed its third round of financing of USD40 million with investors including Renren.com and Morningside Ventures. Xueqiu's products include its website and an application for smart devices. Officially launched in November 2011, Xueqiu has been providing data inquiries, information, and interactive communications services to Chinese investors. Its services […]

Monetary policy loses effectiveness in China as debt-ridden companies lose their appetite for borrowing even at low rates

Japanese retailer Aeon has reportedly received a fixed asset acquisition proposal from an independent third-party. According to local media reports, the company is considering the proposal; however, no legal binding agreement has been reached yet. Aeon plans to sell its Wilson Logistics Center locating at No.24-28 Kung Yip Street, Kwai Chung, New Territories, Hong Kong. […]

Aisidi (HK) Limited has signed a three-party agreement with Xiaomi Singapore and Flipkart India Private Limited to sell Chinese Xiaomi smartphones in India. According to the agreement, the three parties will reportedly work together to promote the sale of Xiaomi smartphones in India as well as the development of other emerging smartphone markets. The contents […]