Investment

Alibaba Plows USD744 Million Into World’s Biggest Cinema Chain, Wanda Film

Alibaba Plows USD744 Million Into World’s Biggest Cinema Chain, Wanda Film

Alibaba subsidiary Hangzhou Zhenxi Investment Management Co. has paid nearly CNY4.7 billion (USD744 million) for a 7.66-percent stake in…

Apr 3, 2018
Liao Shumin
China Railway to Sell WiFi Unit Stake for USD477 Million in Mixed Ownership Reform

China Railway to Sell WiFi Unit Stake for USD477 Million in Mixed Ownership Reform

China’s national railway operator, China Railway Corp. (CR) has decided to sell a 49 percent stake in China Railway Network…

Apr 3, 2018
Liao Shumin
New Trend Logis-Tech to Build E-Commerce Logistics Service Platform in East China

New Trend Logis-Tech to Build E-Commerce Logistics Service Platform in East China

New Trend International Logis-Tech Co., NTIL, will partake in the building of a third-party logistics service platform for e-commerce companies…

Apr 2, 2018
Tang Shihua
Leshi Slashes LeTV Valuation by 25% in Updated Capital Increase Plan

Leshi Slashes LeTV Valuation by 25% in Updated Capital Increase Plan

Cash-strapped Leshi Internet Information and Technology Corp., has provided an update for TV-affiliate New Leshi Smart Home's capital injection plan.…

Apr 1, 2018
Liao Shumin
China’s Tianjin, Asymchem Laboratories Embark on Joint Innovative Drug Investment Fund

China’s Tianjin, Asymchem Laboratories Embark on Joint Innovative Drug Investment Fund

North China’s Tianjin will set up a global investment fund in partnership with several companies to fund drug innovation projects…

Mar 30, 2018
Dou Shicong
Chinese Regulators May Limit Same-Day Turnaround Trading to USD1,588

Chinese Regulators May Limit Same-Day Turnaround Trading to USD1,588

Chinese Regulators May Limit Same-Day Turnaround Trading to USD1,588

Mar 30, 2018
Liao Shumin
HNA-Led Consortium to Run Bulgaria’s Plovdiv Airport

HNA-Led Consortium to Run Bulgaria’s Plovdiv Airport

A consortium led by China’s HNA Airport Holding Group Co. has won a 35-year concession to expand and operate an…

Mar 29, 2018
Xu Wei
Ex-Anbang Chairman Faces Charges of Fraud and Embezzlement of USD10 Billion from Investors

Ex-Anbang Chairman Faces Charges of Fraud and Embezzlement of USD10 Billion from Investors

A Shanghai court on Wednesday heard a case of Wu Xiaohui, former chairman and general manager of Anbang Insurance Group,…

Mar 29, 2018
Xinhua
Toutiao Is Said to Replace Alibaba in Deal to Control Anime Streaming Platform AcFun

Toutiao Is Said to Replace Alibaba in Deal to Control Anime Streaming Platform AcFun

The company behind news aggregator Toutiao is reported to have replaced Alibaba Group Holding Ltd. and Jack Ma’s venture…

Mar 28, 2018
Xu Wei
Legend to List Units as Lenovo Group Plots Mainland Market Return via CDRs

Legend to List Units as Lenovo Group Plots Mainland Market Return via CDRs

Legend Holdings Corp. parent of PC giant Lenovo Group Ltd. is considering spinning off several of its businesses for…

Mar 28, 2018
Liao Shumin
Softbank Group Head Is Promoting the Global Merger of Uber and Didi Chuxing, Meituan-Dianping CEO Says

Softbank Group Head Is Promoting the Global Merger of Uber and Didi Chuxing, Meituan-Dianping CEO Says

Masayoshi Son, the chief executive and founder of Japanese technology investment giant Softbank Group Corp., is facilitating the global merger…

Mar 28, 2018
Liao Shumin
Chinese Lithium Battery Separator Maker Aims to Tap NEV Market With USD478 Million Factory

Chinese Lithium Battery Separator Maker Aims to Tap NEV Market With USD478 Million Factory

Chinese lithium battery separator maker Shenzhen Senior Material Technology Co. will build CNY3 billion (USD478 million) to build a high-performance…

Mar 28, 2018
Tang Shihua

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