Beijing policy helps motor industry tap into nascent market
2016-05-31
A sports investment fund co-established by Focus Media and FountainVest Partners has led a US$50 million series C round in Codoon, a Chinese sports and wellness service provider integrating mobile apps and wearables. The sports fund, launched last month by Focus Media and FountainVest Partners with US$400 million to invest in sports companies in China […]
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.
2016-05-31
"Trumpism" comprises three main components: virulent anti-immigrant animus, ignorant anti-trade rhetoric, and extreme anti-government sentiment. Taken separately, any one of these would be damaging. Together, they would deal a major blow to US and glob…
2016-05-31
Tencent Holdings Ltd. has invested US$40 million in Yuanfudao, the largest strategic investment made by the Chinese Internet giant in the K-12 online learning and teaching sector, according to Chinese media reports. "Yuanfudao is building a brand new mobile and online education product," says Li Chaohui, a manager at Tencent's M&A arm. "Its products have […]
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.
2016-05-31
Chengwei Capital has led a nearly RMB100 million (US$15 million) series A round in a Shenzhen-based mobile phone recycling start-up Huishoubao, with participation from CITIC Capital, according to Chinese media reports. Established in 2014, Huishoubao received several million U.S. dollar angel investment in August 2015. The company says it will use the latest proceeds to […]
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.
2016-05-31
Chinese companies that have unraveled their variable interest entity (VIE) structure hoping for a domestic listing may be forced to re-institute the the legal arrangements as domestic listings become harder to materialize. "A portion of (those Chinese companies) might reinstall their VIE and go back to list in the U.S.," says Orchid Asia Group's managing […]
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.
2016-05-31
British telecom operator BT just submitted an application to China's Ministry of Industry and Information Technology to gain a license …
2016-05-31
Business activity weakened in May, pulled down by freight and export conditions and by housing market
2016-05-31
Due to the strong performance of its Chinese stores during the Chinese New Year, Wal-Mart China's total sales increased by 5.1% in the company's latest reporting period. Wal-Mart released its financial report for the first…