Fosun and Kaisa show why defaults are hard to predict
2016-05-24
The death of the CEO’s father-in-law led to a pioneering model for funerals in Malaysia
2016-05-24
Beijing-based fresh produce e-commerce start-up Benlai Life says it has completd US$117 million series C and series C+ round of financing from China Urban Realty Association, ChinaEquity Group Inc. and a subsidiary of Joyoung Co., Ltd., according to Chinese media reports. CDH Investments and Integral Group also participated in the round. In December 2015, Joyoung […]
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2016-05-24
Venture-backed PapayaMobile, a Chinese mobile advertising firm, is in the process of listing on China's New Third Board to raise US$40 million, according to a company announcement. The company's shares began trading today on the National Equities Exchange and Quotations (NEEQ). "Listing on the NEEQ is strategic to our international expansion into markets like the […]
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2016-05-24
Tsinghua University-affiliated Tus Holdings Co., Ltd. has agreed to make a US$388 million strategic investment in Chinese Internet data center service provider 21Vianet Group, Inc., which is in the middle of a proposed management buyout transaction. In an announcement, NASDAQ-listed 21Vianet says an affiliated investment vehicle of Tus Holdings will subscribe new shares at US$16.274 […]
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2016-05-24
Much of modern geopolitics seems to be following the plot from Game of Thrones, with many countries under so much political and economic stress that their only hope is that their rivals collapse before they do. So their governments cling to power while exploiting rivals’ internal weaknesses.
2016-05-24
HighLight Capital, a healthcare-focused venture and private equity firm founded by ex-partners at CDH Venture and SB China Capital (SBCVC), is near completing raising RMB1.5 billion (US$229 million) for its second fund, according to Chinese media reports. Almost 90% of the fundraising took three months to close with 85% of the firm's existing limited partners […]
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2016-05-24
As details of S.F. Express' back-door A-share listing were revealed by a disclosure filing yesterday, the identity of the most mysterious shareholder of China's largest express delivery firm also surfaced. His name is Lin Zheying (pictured), a 52-year-old former Ministry of Commerce official and currently the chairman of Jade Capital, a private equity firm he […]
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2016-05-24
Freight companies reported the worst operating conditions in nine months in May as volumes and rates fell and costs rose
2016-05-24
China's Alibaba and Japan's SoftBank jointly announced ta deal to expand services in the Japanese cloud computing market and bring …
2016-05-24
China’s Fujian Grand Chip Investment Fund LP, controlled by Chinese entrepreneur Zhendong Liu, has made a takeover offer for German chip maker Aixtron SE, valuing the company at €670 million (US$751 million). The investment vehicle, which is 51% owned by Zhendong Liu and 49%-owned by Xiamen Bohao Investment Ltd., offered €6 per Aixtron share, the […]
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