Investment

Huayou Cobalt to Plow USD1 Billion Into New Energy Materials Plant

Huayou Cobalt to Plow USD1 Billion Into New Energy Materials Plant

Zhejiang Huayou Cobalt Co. plans to build a CNY6.4-billion (USD1-billion) smart manufacturing base in its home province as it looks…

Mar 13, 2018
Dou Shicong
Hipac Bags USD50 Million to Offer Stock Options to Key Clients

Hipac Bags USD50 Million to Offer Stock Options to Key Clients

Hipac, a Chinese business-to-business e-commerce platform for parent and child goods, has secured USD50 million in C-round funds as it…

Mar 13, 2018
Tang Shihua
New Online Retail Brand Coffee Box Pools USD25 Mln in New Funding to Expand Across China

New Online Retail Brand Coffee Box Pools USD25 Mln in New Funding to Expand Across China

Internet and direct marketing retail company Lyan, which offers coffee delivers services through its online platform Coffee Box, has raised…

Mar 12, 2018
Liao Shumin
HNA Unit Eyes Dangdang Takeover Despite Parent’s Mass Selloff

HNA Unit Eyes Dangdang Takeover Despite Parent’s Mass Selloff

Tianjin Tianhai Investment Co., a unit under cash-strapped conglomerate HNA Group Co., may take over one of China’s oldest e-commerce platforms despite its parent’s ongoing asset selloff.

Mar 12, 2018
Liao Shumin
Overseas Institutions Raise Yuan Bond Holdings for 12 Straight Months

Overseas Institutions Raise Yuan Bond Holdings for 12 Straight Months

Overseas institutions held CNY1.3 trillion (USD202.2 billion) in bonds on China’s interbank market by the end of last month in…

Mar 12, 2018
Liao Shumin
Victory Precision Acquires LCD, OLED Panel Tech From Japan’s Taiyo Kikai

Victory Precision Acquires LCD, OLED Panel Tech From Japan’s Taiyo Kikai

Victory Precision Acquires LCD, OLED Panel Tech From Japan’s Taiyo Kikai

Mar 9, 2018
Tang Shihua
China’s Youth Basketball Development League Gets Funding to Capitalize on Growing Demand

China’s Youth Basketball Development League Gets Funding to Capitalize on Growing Demand

China’s Youth Basketball Development League, or YBDL, has raised CNY50 million (USD7.8 million) in its A+ round of funding which…

Mar 8, 2018
Liao Shumin
China’s Top Insurance Regulator Drastically Cuts Maximum Shareholding Ratio by Single Stakeholders

China’s Top Insurance Regulator Drastically Cuts Maximum Shareholding Ratio by Single Stakeholders

China’s top insurance regulator has unveiled a new series of measures designated to rein in insurance companies’ increasing appetite to…

Mar 7, 2018
Liao Shumin
SoftBank’s Humanoid Robots to Join Staff at Haier’s Smart Home Stores

SoftBank’s Humanoid Robots to Join Staff at Haier’s Smart Home Stores

Haier Group Corp. has agreed a deal to add SoftBank Robotics Corp.’s humanoid robots to the workforce at the Chinese…

Mar 7, 2018
Liao Shumin
China’s Video Site Bilibili Files for USD400 Mln NYSE IPO Days After Rival iQiyi

China’s Video Site Bilibili Files for USD400 Mln NYSE IPO Days After Rival iQiyi

China’s popular video site Bilibili, run by Shanghai Hode Information Technology Co., submitted its initial public offering (IPO) application to…

Mar 5, 2018
Liao Shumin
Auto Tech Provider Xingyuan Aims to Expand Network With USD79 Million Financing

Auto Tech Provider Xingyuan Aims to Expand Network With USD79 Million Financing

Beijing Xingyuan Automotive Information Technology Co., an internet-based provider of services for the auto industry, aims to use CNY500 million…

Mar 5, 2018
Xu Wei
China’s DocuSign-Style eSignature Firm BestSign Gets New Funds to Enhance Blockchain Application

China’s DocuSign-Style eSignature Firm BestSign Gets New Funds to Enhance Blockchain Application

China’s electronic signature and contracts cloud platform BestSign, also known as Shanghangqian, has just completed its series B financing, raising…

Mar 5, 2018
Liao Shumin

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