China Business Blog - Aggregated China Business Blogs
Aggregated China Business Blogs

Fears that subversive outfits could crop up under the guise of celebration costumes

Dairy giant Danone SA has agreed to acquire a 25% stake in Chinese milk powder maker Yashili International Holdings Ltd. for €437 million (US$550 million), according to a company announcement. Danone is to subscribe shares of the Hong Kong-listed Yashili at a price of HK$3.70 per share in a private placement deal. As part of […]

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Beijing-based online-to-offline (O2O) car maintenance service provider Ebaoyang.cn has received US$5 million series A financing led by Source Code Capital, a Chinese angel and venture investment firm, according to Chinese media reports. Gao Feng, co-founder and CEO of Ebaoyang.cn, says that the capital will be used to update the company's hardware and software facilities, and expand […]

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.

London Stock Exchange-listed oil and gas exploration and production firm Salamander Energy says it was approached by a consortium led by Hong Kong-based private equity firm Jynwel Capital and Spanish oil and gas company Compañía Española de Petróleos to acquire the company, according to a regulatory filing. Salamander Energy, based in London and mostly operates […]

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.

Chen Yizhou, chief executive officer of Renren, says the company is planning to sell some non-core businesses to improve their profitability and they are also considering investment and expansion opportunities in America and Hong Kong. Chen revealed during an interview with local Chinese media that under the current model it is hard for the company […]

Poor governance may erode the impact of China’s financial firepower

Beijing’s internet tsar says his country is the world’s biggest victim of the practice

Saint-Gobain Aerospace has been approved by the Civil Aviation Administration of China for the test, inspection and repair of radomes and fuselage components for civil aircraft. Radomes are radar transparent structures that house the critical weather radar system for aircraft. The repair of radomes requires specialized repair processes to assure that the radome will function […]