Investment

Chinese Investor May Acquire a Stake in Russia’s Largest Uranium Mining Company

Chinese Investor May Acquire a Stake in Russia’s Largest Uranium Mining Company

A Chinese company will become a shareholder of ARMZ Uranium Holding Co. affiliate Priargunskoe Manufacturing, Mining and Chemical Joint Company,…

Nov 24, 2017
Xu Wei
UnionPay, Westpac Partner to Increase Card Acceptance Among New Zealand Merchants by End of 2018

UnionPay, Westpac Partner to Increase Card Acceptance Among New Zealand Merchants by End of 2018

UnionPay, Westpac Partner to Increase Card Acceptance Among New Zealand Merchants by End of 2018

Nov 24, 2017
Xu Wei
NDRC Plans to Set Up USD15 Billion Fund for Mixed Ownership Reform of SOEs in First Half of Next Year

NDRC Plans to Set Up USD15 Billion Fund for Mixed Ownership Reform of SOEs in First Half of Next Year

China’s top macroeconomic planner the National Development and Reform Commission (NDRC) is busy making preparations to establish a CNY100 billion…

Nov 23, 2017
Liao Shumin
Integrated Tumor Treatment Platform Operator 3D Medicines Pools USD100 Million in Funding

Integrated Tumor Treatment Platform Operator 3D Medicines Pools USD100 Million in Funding

Integrated tumor treatment platform operator 3D Medicines Corp. said today that it has obtained USD100 million (CNY670 million) in strategic…

Nov 23, 2017
Zhang Xia
10-Year Treasury Bond Yield Exceeds 4% Again, Market Remains Pessimistic

10-Year Treasury Bond Yield Exceeds 4% Again, Market Remains Pessimistic

10-Year Treasury bond yields have hit four percent once again yesterday, after reaching the same level on Nov. 14. In…

Nov 22, 2017
Liao Shumin
 Zhuzhou Smelter Group to Invest USD760 Million in Zinc Smelting Project

Zhuzhou Smelter Group to Invest USD760 Million in Zinc Smelting Project

Zhuzhou Smelting Group Co. [SHA:600961] plans to invest CNY5.06 billion (USD762.8 million) in a new zinc smelting project with an…

Nov 21, 2017
Tang Shihua
PAG Asia Capital Buys Controlling Stake in Chinese Matchmaking Platform Zhenai

PAG Asia Capital Buys Controlling Stake in Chinese Matchmaking Platform Zhenai

Zhenai, one of China’s biggest online matchmaking platforms, said that PAG Asia Capital has purchased a controlling stake in it, but did not disclose the terms of the deal.

Nov 21, 2017
Liao Shumin
Ping An Considers Spinning Off Fintech Subsidiaries Lufax, Ping An Health For Independent Listings

Ping An Considers Spinning Off Fintech Subsidiaries Lufax, Ping An Health For Independent Listings

Ping An Insurance (Group) Company of China [SHA:601318; HKG2318] is considering spinning off its fintech subsidiaries Lujiazui International Financial Asset…

Nov 21, 2017
Liao Shumin
Autonomous Truck Developer TuSimple Bags USD55 Million in Series C Funding

Autonomous Truck Developer TuSimple Bags USD55 Million in Series C Funding

Autonomous truck researcher and developer Beijing TuSimple Future Technology Co. raised USD55 million of series C financing three months after…

Nov 21, 2017
Zhang Xia
Foreign Bigshots Muscle Into China’s Private-Equity Sector

Foreign Bigshots Muscle Into China’s Private-Equity Sector

Many foreign investment titans have set up wholly foreign-owned enterprises (WFOEs) in Shanghai since last year.

Nov 21, 2017
Zhou Ailin
Chinese AI Firm CloudWalk Technology Pools USD75.75 Million in Series B Funding

Chinese AI Firm CloudWalk Technology Pools USD75.75 Million in Series B Funding

Chinese artificial intelligence firm CloudWalk Technology Co. pooled USD75.75 million (CNY500 million) in series B funding in a round led…

Nov 20, 2017
Zhang Xia
Alibaba Furthers Offline Investment, Spends USD2.88 Billion on 36% Stake in Sun Art Retail

Alibaba Furthers Offline Investment, Spends USD2.88 Billion on 36% Stake in Sun Art Retail

Chinese e-commerce behemoth Alibaba Group Holding Ltd. [NYSE:BABA], Groupe Auchan SA and Ruentex Group today announced a strategic cooperation in new retail, Sina Tech reported.

Nov 20, 2017
Liao Shumin

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