The US president-elect must decide what to do about China
2016-11-22
Beijing-based financial technology start-up iTouzi has raised RMB250 million (US$36 million) in a series B funding round from a Chinese company Sino Fortune and an individual investor, the company announced on its website. Sino Fortune is an investment holding company with control of two listed Chinese firms, Shenzhen-listed Hunan Tianrun Digital Entertainment & Cultural Media […]
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.
2016-11-22
Chinese conglomerate HNA Group is late to the Internet finance game, but it just secured a massive funding round for a subsidiary aiming to rival Alibaba Group's Ant Financial and JD.com Inc's JD Finance. Asian private equity firm RRJ Capital has led a US$200 million series A round in Jubao Interconnection Technology (Shenzhen) Co., Ltd., […]
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.
2016-11-22
Chinese property Tycoon Wang Jianlin’s plan to relist his real estate empire from Hong Kong to mainland China encountered its first setback after a reverse merger counterpart terminated a proposed deal. Shenzhen-listed Beijing Soft Rock Investment Group revealed in a securities filing that the two parties were not able to reach agreement on the timetable […]
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.
2016-11-22
Chinese enterprise file management start-up FangCloud Technology has raised US$8.4 million in a series A+ round led by Chen Weixing, founder of Kuaidi Dache, according to Chinese media reports. UMC Capital, Lightspeed Venture Partners and Matrix Partners also participated in the round. "FangCloud is not based on private cloud. Our mixed cloud platform can better […]
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.
2016-11-22
Short videos are becoming a mainstay of Chinese social media, especially on Weibo.com. A new investment in the company behind …
2016-11-22
China's second-hand automobile market is expanding and Internet companies are making bigger investments in the fragmented marketplace. Chinese growth capital …
2016-11-22
Chinese travelers to Japan can rely on more payment options as Alipay says it is now supported by nearly 4,000 …
2016-11-22
Finance minister says EU, China and US have greater priority
2016-11-22
Chinese All Digital Publishing Group Co., Ltd. plans to acquire 13.51% of video sharing platform AcFun, backed by SB China Capital (SBCVC) and Youku Tudou Inc., for RMB250 million (US$36 million), according to a disclosure filing. The Chinese online publishing group is purchasing shares from existing investors. SBCVC and Youku Tudou will see their stakes […]
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.
2016-11-22
‘Princeling’ hiring scandal exposes nexus of corruption between party and Wall Street
2016-11-22
German supermarket chain Aldi plans to enter China and other Asian markets with Australia as its springboard in the hemisphere. The company will launch online supermarket and alcohol supermarkets in China in the first half…
2016-11-22
There is no question that Asia’s standing in the global economy is stronger than ever. But the US and Europe maintain an advantage, in terms of global strategic influence, while Asian countries are facing major political, economic, and security challenges.