China does not run the world; and, with doubts about its economy's long-term prospects now rattling stock markets worldwide, it appears unlikely to do so anytime soon. From trade to monetary policy, the potential for global leadership still rests with …
Manav Gupta, founder and chief executive officer of Hong Kong-based Internet Of Things (IoT) accelerator Brinc, tells China Money Podcast host Nina Xiang that the IoT sector's future is what he calls IoT 2.0, where smart devices talk to each other and are integrated to enhance people's lives. Visit ChinaMoneyNetwork.com for more daily finance news, […]
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.
Funds that have suffered betting against China now hope to prosper
In this episode of China Money Podcast, guest Manav Gupta, founder and chief executive officer of Hong Kong-based Internet Of Things (IoT) accelerator Brinc, shares his thoughts on the IoT revolution, what our future look like when all of the world's devices "speak" with each other, and why he chose Hong Kong to start Brinc. […]
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.
Manav Gupta, founder and chief executive officer of Hong Kong-based Internet Of Things (IoT) accelerator Brinc, tells China Money Podcast host Nina Xiang that the IoT sector could be a US$7 trillion market opportunity. Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in […]
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.
China anti-graft crackdown nets executives at Beijing mouthpiece
The author is Michael Macaluso, managing director at Cappello Group, Inc. The Chinese government’s measures to counteract the free fall of local stock markets is seemingly working as a circuit-breaker for equities. The government’s measures, including a US$19 billion stock market stabilization fund, restrictions on share sales, freezing of initial public offerings, and clamping down […]
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.
Chinese drug maker Shanghai Pharmaceuticals Holding Co., Ltd. plans to launch a venture capital investment fund to back promising healthcare start-ups, with a fundraising target of RMB3 billion (US$469 million), according to a securities filing. The fund will first seek to raise RMB1 billion (US$160 million), while Shanghai Pharma says it will commit RMB250 million. […]
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San Francisco, California-headquartered ride share company Uber Technologies Inc’s China unit is close to complete a US$1 billion fundraising round from Chinese investors that may include Baidu Inc, China CITIC Bank Corp Ltd., China Life Insurance Co., Ltd., Ping An Insurance Group Co. of China, among others, according to media reports. The round values Uber […]
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Beijing-based online brokerage firm Tiger Brokers has completed series A round of financing led by Chinese smartphone maker Xiaomi Inc., according to Chinese media reports. The round is reportedly worth RMB100 million (US$16 million). Founded in June 2014, the start-up focuses on providing brokerage services for Chinese investors wanting to invest in overseas securities, particularly […]
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Shanghai gains 4.8% on Friday but still down nearly 8% for the week
Shanghai-based online food ordering platform Ele.me has received US$630 million series F funding round led by CITIC Private Equity Funds Management Co. and Shenzhen-listed Chinese shopping mall operator Beijing Hualian Department Store Co., Ltd., according to a company announcement. China Media Capital, Gopher Assets, and existing investors Tencent Holdings Limited, JD.com Inc., Sequoia Capital also […]
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Yum! Brands, Inc. announced plans to appoint Micky Pant as new chief executive officer of its China business division. Pant will be replacing 63-year-old Sam Su who previously announced his retirement. Pant, age 60, was…
Taiwan Semiconductor Manufacturing Co., Ltd. announced that their solar energy subsidiary TSMC Solar Ltd. will terminate operation at the end of August 2015. TSMC said that although TSMC Solar's CIGS thin-film technology boasts leading conversion…
In all the noise and debate, the stock market crash raises three big questions, writes Bill Emmott
China's P2P Financial Information Service Company Ltd. has purchased a new domain name P2P.cn for CNY5 million. P2P Financial Information Service (Shenzhen) signed a domain purchase agreement with Tao Chengcheng, owner of the P2P.cn domain name. P2P Financial Information Service said that the transaction will help the company's development strategy; effectively promote its development of […]