Outlook once again unclear as tighter credit conditions undermine recent surge in real estate sector
2016-06-02
Japanese company says it is setting up a fund in China to search for other former wartime labourers
2016-06-02
Shanghai, China, June 2, 2016 /ChinaNewswire.com/ – WorkForLGBT organized the 2nd Annual China LGBT (Lesbian, Gay, Bisexual, & Transgender) Talent Job Fair – attracting twice the number of companies (34) as last year's job fair in support of LGBT diversity & inclusion on May 29, 2016 in Shanghai, China. Dozens of global Fortune 500 companies … Continue reading "China Holds 2nd Gay Job Fair & 3rd Annual LGBT Diversity Conference"
2016-06-02
Lightspeed China Partners has launched fundraising for its debut RMB fund, in an effort to create greater flexibility in backing early-stage Chinese start-ups. The firm did not disclose its fundraising target. With its existing U.S. dollar funds, the Chinese affiliated organization of U.S. venture firm Lightspeed Venture Partners has backed over 60 projects in China […]
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2016-06-02
Tencent Holdings Ltd., IDG Capital Partners and DT Capital Partners have invested nearly US$20 million series B+ round in a social networking crowdfunding platform Qingsongchou, according to Chinese media reports. The round values the less than two-year-old start-up at US$350 million, the company told Chinese media. Launched in August 2014, Qingsongchou, which means to raise […]
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2016-06-02
Fosun Kinzon Capital has led a US$20 million series A round in Silicon Valley-based uSens Inc., a start-up providing 3D hand tracking and head tracking for mobile and tethered systems for the Virtual Reality and Augmented Reality sector, according to a company announcement (in Chinese). Maison Capital, Fortune Capital and other investors also participated in […]
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2016-06-02
Ventech and Vision Knight Capital have led a series C and C+ round of financing in Blued, a Chinese gay social networking mobile app, which is valued at over US$300 million in the latest rounds, according to state-owned newspaper China Daily. The fundraising amounted to several hundred millions of RMB, according to the article without […]
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2016-06-02
The pace of Chinese companies' initial public offerings continues to slow down in May, with a total of 18 companies having raised an aggregate of RMB8.2 billion (US$1.2 billion) in the month, compared to 23 companies raising RMB6.4 billion the month before, according to data released by ChinaVenture. The number of IPOs and the aggregate […]
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2016-06-02
Overcapacity concerns set to take centre stage at annual bilateral dialogue next week
2016-06-02
Singapore's GIC Pet Ltd. and Temasek Holdings have bought US$1 billion of shares in Chinese e-commerce giant Alibaba Group Holding Ltd. as part of an US$8.9 billion sale by Alibaba's biggest shareholder SoftBank Group Corp. The two Singaporean state investment firms each purchased US$500 million of Alibaba shares at US$74 apiece. Temasek is an existing […]
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2016-06-02
An economic slowdown and corruption crackdown have not kept homegrown companies from expanding into national and foreign markets
2016-06-02
First time that sanctions could be used to fight alleged government-backed hacking of secrets