Investment

AIIB Approves Its First China Investment to Aid Coal-to-Gas Transition

AIIB Approves Its First China Investment to Aid Coal-to-Gas Transition

The Asian Infrastructure Investment Bank has approved a USD250-million loan to construct a natural gas supply network in Beijing, it said this morning.

Dec 11, 2017
Liao Shumin
Chinese Fitness Brand Supermonkey Closes C-Round Financing to Fund Expansion

Chinese Fitness Brand Supermonkey Closes C-Round Financing to Fund Expansion

Chinese fitness startup Supermonkey has completed its C-round financing worth millions of yuan so it can open more stores nationwide.

Dec 11, 2017
Tang Shihua
Fosun Pharma Mulls Buying US Biomedical Firm Via Share Issue

Fosun Pharma Mulls Buying US Biomedical Firm Via Share Issue

Shanghai Fosun Pharmaceutical (Group) Co. [SHE:300109] holds a 16.27 percent stake in Bo’ai Fosun Biological Medicine Co.

Dec 11, 2017
Liao Shumin
Ant Work Nabs Millions in Series-A Funding, Promotes UAV Logistics Deliveries

Ant Work Nabs Millions in Series-A Funding, Promotes UAV Logistics Deliveries

A Chinese start-up company committed to unmanned aerial vehicle (UAV) logistics deliveries recently announced it secured tens of millions in…

Dec 9, 2017
Tang Shihua
All-Dream Snags Millions in A-Round, Funds Will Expand Faculty and R&D Live-Broadcast Courses

All-Dream Snags Millions in A-Round, Funds Will Expand Faculty and R&D Live-Broadcast Courses

All-Dream Programming Quality Education (All-Dream), a live broadcasting service platform for youth coding education, recently secured tens of millions of yuan in its A-round financing.

Dec 9, 2017
Tang Shihua
Midea Group to Continue to Globalize Via M&As, Will Target Human-Machine Interaction

Midea Group to Continue to Globalize Via M&As, Will Target Human-Machine Interaction

Midea Group Co. [SHE:000333] will continue to engage in mergers and acquisitions (M&As) in the future to achieve its global…

Dec 8, 2017
Wang Zhen
Yonghui Superstore Downplays Tencent’s Rumored Buy-In, Says Just Negotiating

Yonghui Superstore Downplays Tencent’s Rumored Buy-In, Says Just Negotiating

Tencent Holdings Ltd. [HK:0700] and Yonghui Superstores Co. [SHA:601933] are still in negotiations, and these do not necessarily relate to…

Dec 8, 2017
Liao Shumin
Zuotoujing.com to Use Funds Raised Through Pre-A Round Financing to Become Top Brand in Tibet Travel Sector

Zuotoujing.com to Use Funds Raised Through Pre-A Round Financing to Become Top Brand in Tibet Travel Sector

Zuotoujing.com, which operates in Tibetan culture travel sector, has successfully raised tens of millions of yuan in pre-A series of…

Dec 8, 2017
Tang Shihua
China’s Baofeng Group Retains Control on Baofeng TV After USD120 Mln Injection by New Strategic Investors

China’s Baofeng Group Retains Control on Baofeng TV After USD120 Mln Injection by New Strategic Investors

Baofeng Group Co. [SHE:300431] has cancelled its plan to introduce strategic investors for its television set manufacturing arm, Shenzhen Baofeng…

Dec 8, 2017
Liao Shumin
Medical SaaS Provider LinkedCare Raises USD15.1 Mln in Series-B Funding to Enter International Markets

Medical SaaS Provider LinkedCare Raises USD15.1 Mln in Series-B Funding to Enter International Markets

Medical ‘Software as a service’ (SaaS) provider Shanghai LinkedCare Information Technology Co. completed its series-B funding of CNY100 million (USD15.1…

Dec 8, 2017
Liao Shumin
StarNeto Teams Up With Beijing Municipal Government to Create Smart Unmanned Systems Industry Development Fund

StarNeto Teams Up With Beijing Municipal Government to Create Smart Unmanned Systems Industry Development Fund

Beijing StarNeto Technology Co. [SHE:002829], a developer of inertial measurement and satellite navigation technologies, will join forces with Beijing municipal…

Dec 8, 2017
Tang Shihua
Tencent Makes Heavy Investments in Fresh Food Brand Super Species to Compete With Alibaba’s Hema Fresh Food

Tencent Makes Heavy Investments in Fresh Food Brand Super Species to Compete With Alibaba’s Hema Fresh Food

China’s internet titan Tencent Holdings Ltd. [HKG:0700] has made substantial new investments in Yonghui Superstores Co.'s [SHA:601933] fresh food brand…

Dec 8, 2017
Dou Shicong

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