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Investment

Alibaba to Take 33% Stake in Ant Financial, Setting It Up for IPO

Alibaba to Take 33% Stake in Ant Financial, Setting It Up for IPO

Alibaba Group Holding Ltd. said that it has agreed to take a stake of nearly one-third in Ant Financial Services Group, setting the Alipay operator up for an initial public offering.

Feb 2, 2018
Liao Shumin
Chinese Investment in Germany Does Not Threaten Its Economy, MOFCOM Says

Chinese Investment in Germany Does Not Threaten Its Economy, MOFCOM Says

While Chinese firms have put an increasing amount of money into Germany in recent years, less than 1 percent of…

Feb 2, 2018
Dou Shicong
YunSpace Gets Substantial Backing to Develop Offline Activity Space in an Age of Online Obsession

YunSpace Gets Substantial Backing to Develop Offline Activity Space in an Age of Online Obsession

YunSpace, a short term commercial space sharing platform, has raised nearly CNY100 million (USD15 million) in Series-B financing. It…

Feb 1, 2018
Tang Shihua
China’s Suzhou Victory Precision Acquires Finnish Company to Improve Intelligent Manufacturing

China’s Suzhou Victory Precision Acquires Finnish Company to Improve Intelligent Manufacturing

China’s Suzhou Victory Precision Manufacturing Technology Co. will spend EUR40.8 million (USD50.8 million) to acquire 100 percent equity of JOT…

Feb 1, 2018
Tang Shihua
Investment in Heilan Home Leads to Speculation About Wave of M&A Fever

Investment in Heilan Home Leads to Speculation About Wave of M&A Fever

Leading Chinese fashion apparel retailer Heilan Home Co. [SHA:600398] has announced its decision to introduce a new investor, setting off…

Jan 31, 2018
Liao Shumin
Tencent Leads USD5.4 Billion Investment in Wanda

Tencent Leads USD5.4 Billion Investment in Wanda

Tencent Holdings Ltd. leads a group of four of China’s biggest businesses in the acquisition of 15 percent stake in…

Jan 30, 2018
Liao Shumin
Fosun Looking For Home-Run With Move Into Baseball

Fosun Looking For Home-Run With Move Into Baseball

Chinese conglomerate Fosun Group will team up with Heidie Capital to fund a baseball training company, as part of its plans to diversify into the sports field.

Jan 30, 2018
Liao Shumin
Tencent Gets Go-Ahead for Stake in Fresh Food Chain in New Retail Push

Tencent Gets Go-Ahead for Stake in Fresh Food Chain in New Retail Push

Tencent Holdings Ltd. has received the go-ahead from Yonghui Superstores Co., one of China’s largest supermarket chain operators, to proceed…

Jan 30, 2018
Liao Shumin
HNA Group to Sell Sydney Office Building for USD164 Million Amid Liquidity Crisis

HNA Group to Sell Sydney Office Building for USD164 Million Amid Liquidity Crisis

Cash-strapped Chinese conglomerate HNA Group Co. will sell off a USD165 million office building in Sydney, Australia, as part of efforts to raise funds to ease debt pressure.

Jan 29, 2018
Chen Shanshan
China’s Investment in Germany Hits Record High Last Year

China’s Investment in Germany Hits Record High Last Year

Chinese-funded enterprises made a total investment of USD13.7 billion in Germany, hitting a record high, last year, the state Xinhua…

Jan 26, 2018
Xu Wei
Hellobike, Fosun Unit Partner to Promote Smart Bike-Sharing in Scenic Areas

Hellobike, Fosun Unit Partner to Promote Smart Bike-Sharing in Scenic Areas

Hellobike, Shanghai Junzheng Network Technology Co.’s bike-sharing brand, signed a cooperation agreement with Shanghai Fosun Albion Tourism Development Co. They…

Jan 26, 2018
Xu Wei
Chinese Wireless Device Maker to Set Up US Unit to Better Serve Local Market

Chinese Wireless Device Maker to Set Up US Unit to Better Serve Local Market

Asiatelco Technologies Co., a provider of wireless communications equipment for the telecoms sector, will invest USD500,000 in a wholly-owned unit…

Jan 26, 2018
Tang Shihua

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