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Investment

Logistics Firm Zhaohua Pioneer to Spend USD23 Million on Asphalt Containers

Logistics Firm Zhaohua Pioneer to Spend USD23 Million on Asphalt Containers

Logistics firm Tianjin Zhaohua Pioneer Co. will invest up to CNY150 million (USD23 million) to build 1,000 asphalt containers as it is optimistic about infrastructure construction in northwest China.

Jan 3, 2018
Tang Shihua
Haige Communications Takes USD118 Million in Military Orders in Two Months

Haige Communications Takes USD118 Million in Military Orders in Two Months

Guangzhou Haige Communications Group Co. [SHE:002465] recently received another military order worth CNY448 million (USD81.5 million), it said today.

Jan 2, 2018
Tang Shihua
China Railway Sets 2018 Targets to Build World’s Most Sophisticated Railroad Network

China Railway Sets 2018 Targets to Build World’s Most Sophisticated Railroad Network

China Railway Sets 2018 Targets to Build World’s Most Sophisticated Railroad Network. China’s target of national railway fixed assets investment…

Jan 2, 2018
Xu Wei
Investment in Chinese Offshore Equity Funds Hit Two-Year High, EPFR Says

Investment in Chinese Offshore Equity Funds Hit Two-Year High, EPFR Says

The amount of money invested in Chinese offshore equity funds hit a two-year high last week, Shanghai Securities News reported, citing statistics from investor funds flow data firm EPFR Global.

Jan 2, 2018
Liao Shumin
Alibaba Backs Light Field Technology Firm Plex-VR in USD15 Million Funding Round

Alibaba Backs Light Field Technology Firm Plex-VR in USD15 Million Funding Round

Plex-VR Digital Technology (Shanghai) Co. said it has secured CNY100 million (USD15.4 million) in pre-A financing in a round Alibaba Group Holding Ltd. led.

Dec 29, 2017
Qian Tongxin
Lvmama Bags USD400 Million to Optimize New Travel Retail Model

Lvmama Bags USD400 Million to Optimize New Travel Retail Model

The company behind Chinese tourism platform Lvmama has raised CNY2.6 billion (USD400 million) in funds optimize its brick-and-mortar operations and invest in its 71 subsidiaries.

Dec 28, 2017
Yue Yan
Remote Real-Name Identity Authenticator Renzhengbao Snags CNY2 Million in Angel Round

Remote Real-Name Identity Authenticator Renzhengbao Snags CNY2 Million in Angel Round

Remote real-name identity authentication service provider Renzhengbao has raised CNY2 million (USD305,000) in its angel round of funding, which will…

Dec 27, 2017
Tang Shihua
China’s Optics Valley Endows USD7.6 Billion Industry Fund

China’s Optics Valley Endows USD7.6 Billion Industry Fund

Wuhan East Lake High-Tech Development Zone established an industry development fund worth CNY50 billion (USD7.64 billion) yesterday, to be followed…

Dec 27, 2017
Dou Shicong
Unisplendour’s 5% Stake in Legend Holdings is Undervalued, Chairman Says

Unisplendour’s 5% Stake in Legend Holdings is Undervalued, Chairman Says

Unisplendour Technology Holdings Ltd.’ paid HKD135 million (USD17 million) for a more than 5-percent stake in Legend Holdings Corp. because…

Dec 27, 2017
Liao Shumin
Neusoft Will Partake in Bank of Gansu IPO to Develop Online Finance Business

Neusoft Will Partake in Bank of Gansu IPO to Develop Online Finance Business

Leading Chinese software and solutions provider Neusoft Group Co. plans to invest USD18 million in Bank of Gansu Co.’s initial public offering in Hong Kong to cultivate its online finance business.

Dec 27, 2017
Xu Wei
Chinese Liquor Maker Could Enter Auto Industry Through Investment in Cowin Auto

Chinese Liquor Maker Could Enter Auto Industry Through Investment in Cowin Auto

Chinese carmaker Cowin Auto’s relocation to Yibin, Sichuan province could see a local liquor maker, Wuliangye Group Co., make its way into the automotive industry.

Dec 26, 2017
Liao Shumin
Suning Unit Raises USD813 Million to Refine Fintech Products

Suning Unit Raises USD813 Million to Refine Fintech Products

Suning Financial Services Shanghai Co. has issued new shares to raise CNY5.34 billion (USD813 million) as it looks to invest further into financial technology.

Dec 26, 2017
Liao Shumin

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