Investment

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
Shenzhen Firm Will Become World’s Biggest Battery Casing Maker Following New Investment in Changzhou

Shenzhen Firm Will Become World’s Biggest Battery Casing Maker Following New Investment in Changzhou

Shenzhen Selen Science & Technology Co. [SHE:002341] will become the world’s biggest producer of aluminum-plastic film used for lithium battery…

Dec 8, 2017
Tang Shihua
Hangzhou-Based iTrigger Gets USD15 Mln in A-Round Funding to Provide Richer App Services for China’s Cloud Market

Hangzhou-Based iTrigger Gets USD15 Mln in A-Round Funding to Provide Richer App Services for China’s Cloud Market

Hangzhou iTrigger Cloud Computing and Technology Co., a new retail solution supplier, founded by Yu Sicheng, vice president of Alibaba…

Dec 7, 2017
Tang Shihua
Chinese Liquor Maker Kweichow Moutai Plans USD538 Million Expansion to Meet Soaring Demand

Chinese Liquor Maker Kweichow Moutai Plans USD538 Million Expansion to Meet Soaring Demand

Chinese Liquor Maker Kweichow Moutai Plans USD538 Million Expansion to Meet Soaring Demand

Dec 7, 2017
Dou Shicong
MGM China to Open New Macao Casino Next Month as It Fights Off Rising Competition

MGM China to Open New Macao Casino Next Month as It Fights Off Rising Competition

Hotel and casino operator MGM China Holdings Ltd. [HKG:2282] will open its new USD3.4-billion Cotai resort in Macao next month as it furthers its investments in Chinese hotels.

Dec 7, 2017
Le Yan
Another Funding Fiasco Forces HNA Unit to Nix Its USD143 Million Private Placement

Another Funding Fiasco Forces HNA Unit to Nix Its USD143 Million Private Placement

HNA Investment Group Co. [SHE:000616] (HNA Investment), a subsidiary of HNA Group (HNA), has finally ditched its private placement plan…

Dec 7, 2017
Liao Shumin
Sunriver Holding Group Plans to Invest USD1.5 Million to Set Up Online Reading Unit

Sunriver Holding Group Plans to Invest USD1.5 Million to Set Up Online Reading Unit

Chinese entertainment firm Sunriver Holding Group Co. [SHA:600576] plans to invest CNY10 million (USD1.51 million) to set up an online reading unit that will join its animation and games businesses.

Dec 6, 2017
Dou Shicong

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