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Investment

Shanxi Unveils China’s First Iron and Steel Industry Fund Jointly Set Up by Private and State-Owned Firms

Shanxi Unveils China’s First Iron and Steel Industry Fund Jointly Set Up by Private and State-Owned Firms

The northern Shanxi province set up China’s first iron and steel industry fund co-founded by private and state-owned enterprises. With…

Jan 10, 2018
Dou Shicong
Yifeng Pharmacy Plans to Buy 244 Stores in Its First Acquisitions in 2018

Yifeng Pharmacy Plans to Buy 244 Stores in Its First Acquisitions in 2018

Yifeng Pharmacy Chain Co. said it plans to buy 244 stores from three firms in its first acquisitions this year.

Jan 9, 2018
Di Ning
Markor Plans to Buy Into Two Foreign Furniture Makers With USD30 Million

Markor Plans to Buy Into Two Foreign Furniture Makers With USD30 Million

Markor International Home Furnishings Co. and its subsidiaries plan to splurge almost USD30 million to buy stakes in two companies.

Jan 8, 2018
Liao Shumin
Turkey to Reach Out to Chinese Investors, Tourists This Year as Political Situation Stabilizes

Turkey to Reach Out to Chinese Investors, Tourists This Year as Political Situation Stabilizes

Turkey aims to attract more tourists and investment from China this year through the roll-out of new initiatives, supported by an improving political environment in the country.

Jan 8, 2018
Pan Yinru
Mobike Teams With FAW Car to Pilot Car-Sharing Business

Mobike Teams With FAW Car to Pilot Car-Sharing Business

Bike-sharing behemoth Mobike, owned by Beijing Mobike Technology Co., is now piloting a car-sharing business, with one of its partners…

Jan 8, 2018
Liao Shumin
Greenland Holdings Buys USD9.2 Million Slice of E-Sports Start-Up

Greenland Holdings Buys USD9.2 Million Slice of E-Sports Start-Up

Colossal Shanghai-based large real estate concern Greenland Holdings Corp. [SHA:600606] has invested CNY60 million (USD9.25 million) via its financial platform…

Jan 8, 2018
Dou Shicong
State Council to Become Actual Controller of China CYTS Tours, Cachet Pharmaceutical

State Council to Become Actual Controller of China CYTS Tours, Cachet Pharmaceutical

China CYTS Tours Holding Co. and Cachet Pharmaceutical Co. both said in a filing that the State Council will…

Jan 5, 2018
Liao Shumin
State Council to Become Actual Controller of China CYTS Tours, Cachet Pharmaceutical

State Council to Become Actual Controller of China CYTS Tours, Cachet Pharmaceutical

China CYTS Tours Holding Co. and Cachet Pharmaceutical Co. both said in a filing that the State Council will become…

Jan 5, 2018
Liao Shumin
Online Educator Beifeng Closes B+ Funding to Expand Curriculum

Online Educator Beifeng Closes B+ Funding to Expand Curriculum

Online education service Beifeng has raised tens of millions of yuan in B+ funding to research and develop its core curriculum and technical platform.

Jan 5, 2018
Tang Shihua
Chinese Battery Maker Pens USD48 Million Order in India to Boost Overseas Image

Chinese Battery Maker Pens USD48 Million Order in India to Boost Overseas Image

Shenzhen Center Power Tech Co. has penned a USD48.4-million deal to sell lithium-ion batteries to an Indian company as it looks to extend its reach in overseas markets.

Jan 4, 2018
Xu Wei
High-End Maternal, Child Product Retailer Mikibobo Secures Funds to Upgrade Supply Chain

High-End Maternal, Child Product Retailer Mikibobo Secures Funds to Upgrade Supply Chain

Mikibobo, the imported maternal and child products retailer, raised tens of millions of yuan in series-A1 financing and will use…

Jan 3, 2018
Tang Shihua
Fidelity Unit Unveils New Fund to Invest in China’s A-Share Market

Fidelity Unit Unveils New Fund to Invest in China’s A-Share Market

FIL Investment Management (Shanghai) Co., investment firm Fidelity International’s wholly foreign-owned enterprise in Shanghai, unveiled an equity-focused private fund that…

Jan 3, 2018
Liao Shumin

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