FINANCING

Penguin Fairy Tale Wraps Up USD6.3 Million A-Round, Will Ramp Up Content Creation

Penguin Fairy Tale Wraps Up USD6.3 Million A-Round, Will Ramp Up Content Creation

Penguin Fairy Tale Wraps Up USD6.3 Million A-Round, Will Ramp Up Content Creation

May 18, 2018
Tang Shihua
Em Tech Hands Lifeline to Struggling Quantum Dots Firm Xingshuo Nanotech

Em Tech Hands Lifeline to Struggling Quantum Dots Firm Xingshuo Nanotech

Sichuan-based chemical firm Em Technology Co. will buy a stake in cash-strapped semiconductor firm Xingshuo Nanotech Co. while injecting CNY20…

May 17, 2018
Tang Shihua
Alibaba, Ctrip Pump USD63 Million Into Restaurant Booking Startup Mwee

Alibaba, Ctrip Pump USD63 Million Into Restaurant Booking Startup Mwee

Alibaba Group Holding Ltd. and Ctrip.Com International Ltd., China’s leading firms in the e-commerce and travel agency sectors, have injected…

May 11, 2018
Tang Shihua
Tencent Extends Gaming Shopping Spree With Investment in Nice TV

Tencent Extends Gaming Shopping Spree With Investment in Nice TV

The world's biggest gaming firm Tencent Holdings Ltd. has furthered a string of investments in the field by leading a…

May 8, 2018
Tang Shihua
Chinese Firm Aims to Tap Tourist Market With USD77 Million Diving Facilities in Philippines

Chinese Firm Aims to Tap Tourist Market With USD77 Million Diving Facilities in Philippines

Wetsuit and wader maker ChinaDive Watersports Inc. will invest over CNY490 million (USD77.0 million) to set up a diving equipment…

May 3, 2018
Tang Shihua
Shenzhen Salubris Pharma Plans to Invest in US Mercator MedSystems to Enhance R&D Capacity

Shenzhen Salubris Pharma Plans to Invest in US Mercator MedSystems to Enhance R&D Capacity

Shenzhen Salubris Pharmaceuticals Co. will acquire a stake in a US medical technology company through its wholly-owned subsidiary in…

May 3, 2018
Tang Shihua
Intraocular Lens Startup Focuses On R&D With USD12.7 Million Funding

Intraocular Lens Startup Focuses On R&D With USD12.7 Million Funding

Intraocular Lens Startup Focuses On R&D With USD12.7 Million Funding

Apr 27, 2018
Tang Shihua
Haitong Securities Looks to Raise CNY20 Billion in Non-Public Financing

Haitong Securities Looks to Raise CNY20 Billion in Non-Public Financing

Haitong Securities Co., one of China's largest brokerage firms, has pledged to raise CNY20 billion (USD3.2 billion) by issuing non-public A-shares to burnish the company's balance sheet.

Apr 27, 2018
Tang Shihua
Operator of Financial Data Provider FactMint Raises New Funds to Invest in AI-Based Research

Operator of Financial Data Provider FactMint Raises New Funds to Invest in AI-Based Research

The operator of FactMint, a startup company providing financial data search services affiliated to Beijing Zihuigui Information Technology Co., raised…

Apr 25, 2018
Tang Shihua
China’s Car Time-Sharing Startup Like Chuxing Raises USD20 Mln to Offer Luxury Services

China’s Car Time-Sharing Startup Like Chuxing Raises USD20 Mln to Offer Luxury Services

China’s Car Time-Sharing Startup Like Chuxing Raises USD20 Mln to Offer Luxury Services. Like Chuxing, a Chinese timeshare rental…

Apr 23, 2018
Dou Shicong
Hangzhou Woos Domestic, Overseas IPOs by Local Firms, Aims for 235 by 2020

Hangzhou Woos Domestic, Overseas IPOs by Local Firms, Aims for 235 by 2020

Hangzhou, capital of China's southeastern Zhejiang province, has instituted a policy to encourage more domestic and overseas listings by local…

Apr 23, 2018
Tang Shihua
China's COMAC to Set Up USD1.59 Billion Aircraft Indsutry Fund

China's COMAC to Set Up USD1.59 Billion Aircraft Indsutry Fund

State-owned Commercial Aircraft Corp. of China Ltd. (COMAC) will set up a CNY10 billion (USD1.588 billion) aircraft industry fund this…

Apr 13, 2018
Tang Shihua