Graft campaign threatens former Portuguese territory’s lifeblood
2014-09-26
‘Stress tests’ on impact of increased fund flows to be conducted
2014-09-26
Six years after the global financial crisis, the global hedge fund industry has recovered and gained new grounds, according to data from research firm Preqin. Assets-under-management by global hedge funds increased to US$2.9 trillion as of now, up from US$2.3 trillion at the end of 2008. There were 5,165 active hedge fund launched before or […]
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2014-09-26
The author is AXA Investment Managers Asia We have been advocating caution on Chinese equities for some time, but recent developments have made us more constructive. Among others, the Chinese government is accelerating corporate-sector reforms, which should lift Chinese companies’ competitiveness and profitability. There are tentative signs that banks are starting to deal with their […]
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2014-09-26
U.S. chocolate maker The Hershey Company says it has completed the initial closing and acquired an 80% stake in Shanghai Golden Monkey Food Joint Stock Co., Ltd., a privately held confectionery company based in Shanghai, for RMB2.42 billion (US$394 million), according to a company announcement. Hershey will acquire the remaining 20% at around one year […]
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.
2014-09-26
Chinese angel and venture investment firm Source Code Capital, founded in the summer by former vice president of Sequoia Capital China Charlie Cao, has raised US$100 million for its maiden fund, according to Chinese media reports. The fund secured capital commitments from successful Chinese entrepreneurs, including founders of Qunar.com, MeiTuan.com and UC Browser. The vehicle […]
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.