Investment

Fosun Snaps Up Brazilian Firm Guide Investimentos For USD52 Million

Fosun Snaps Up Brazilian Firm Guide Investimentos For USD52 Million

Fosun International Ltd. has acquired Guide Investimentos SA, a Brazilian institutional brokerage and wealth management company.

Feb 27, 2018
Xu Wei
Geely Denies Speculation Funds Used to Buy Daimler Stake Comes From State-Owned Firm

Geely Denies Speculation Funds Used to Buy Daimler Stake Comes From State-Owned Firm

Zhejiang Geely Holding Group Co. has denied speculation that the funds it used to buy a nearly 10 percent stake…

Feb 27, 2018
Xu Wei
China Merchants Unit Completes Takeover of Brazil's Second Largest Port

China Merchants Unit Completes Takeover of Brazil's Second Largest Port

A unit of state-owned conglomerate China Merchants Group has completed its HKD7.2 billion (USD924.2 million) acquisition of Brazil’s second largest…

Feb 27, 2018
Wang Lin
H&T Intelligent Will Up Its Stake in Italian Smart Controller Maker to 55%

H&T Intelligent Will Up Its Stake in Italian Smart Controller Maker to 55%

Shenzhen H&T Intelligent Control Co. will acquire an Italian smart controller maker for EUR4.33 million (USD5.3 million) via its wholly-owned…

Feb 23, 2018
Tang Shihua
Lepu Medical Votes for Merck's Acquisition of Australian Biotech Company

Lepu Medical Votes for Merck's Acquisition of Australian Biotech Company

Lepu Medical Technology (Beijing) Co. has resolved in favor of U.S. medical giant Merck & Co.’s acquisition of all shares…

Feb 23, 2018
Tang Shihua
Ant Financial Pumps USD32 Million Into Smart Parking Operator

Ant Financial Pumps USD32 Million Into Smart Parking Operator

A unit under Alibaba’s payment arm Ant Financial Services Group has penned a deal to plow CNY200 million (USD32 million) into smart parking operator Shenzhen Shunyitong Information Technology Co.

Feb 14, 2018
Liao Shumin
HNA Group Unit Tianjin Airlines Receives USD63 Million from Government-Backed Investor

HNA Group Unit Tianjin Airlines Receives USD63 Million from Government-Backed Investor

Tianjin Airlines Co., a unit of cash-strapped Chinese conglomerate HNA Group Co., will receive a capital injection of CNY400 million…

Feb 13, 2018
Tang Shihua
Foxconn Unit Seeks Mainland IPO to Raise Funds for 5G, Internet of Things

Foxconn Unit Seeks Mainland IPO to Raise Funds for 5G, Internet of Things

Hon Hai Precision Industry Co., the world’s largest contract electronics maker and better known as Foxconn, plans to list one…

Feb 12, 2018
Liao Shumin
Dongxu Plans USD480 Million NEV Plant to Tap Domestic Demand

Dongxu Plans USD480 Million NEV Plant to Tap Domestic Demand

Dongxu Optoelectronic Technology Co., traditionally a Chinese component maker, will invest CNY3 billion (USD477.5 million) in a new factory in…

Feb 7, 2018
Dou Shicong
Investors Shun USD2.7 Million in Shares of Shanghai’s Priciest IPO

Investors Shun USD2.7 Million in Shares of Shanghai’s Priciest IPO

Hebei Yangyuanzhihui Beverage Co.’s [SHA:603156] purchase results released Feb. 5 showed that investors who won subscription rights, whether online or…

Feb 6, 2018
Liao Shumin
Five Listed Firms Pay No Dividends; 11 Get Notice From Shanghai Bourse

Five Listed Firms Pay No Dividends; 11 Get Notice From Shanghai Bourse

The Shanghai Stock Exchange (SSE) summoned five listed companies, which have distributed no dividends in recent years, to hold a special briefing session on cash distribution payments yesterday.

Feb 6, 2018
Liao Shumin
Chinese Fintech Startup Xencio to Speed Up Product Development With New Funds

Chinese Fintech Startup Xencio to Speed Up Product Development With New Funds

Xencio Technology Co., a Chinese B2B provider of intelligent finance and capital management services, will accelerate product innovation and support…

Feb 5, 2018
Tang Shihua

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