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Investment

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
AIIB Will Prioritize Environmental Protection, Infrastructure Projects

AIIB Will Prioritize Environmental Protection, Infrastructure Projects

The Asian Infrastructure Investment Bank said it will prioritize projects related to environmental protection, energy conservation, efficiency enhancement, carbon emission…

Dec 26, 2017
Xu Wei
China’s 3% VAT Will Likely Depress Earnings From Managed Assets

China’s 3% VAT Will Likely Depress Earnings From Managed Assets

China’s 3 percent value-added tax imposed on asset management products from Jan. 1 will end the era of tax-free earnings in the sector.

Dec 22, 2017
Chen Yikan
Office-Sharing Startup UR Work Finishes Financing Round With USD1.4 Billion Valuation

Office-Sharing Startup UR Work Finishes Financing Round With USD1.4 Billion Valuation

UR Work said today that it has completed its C-round of financing, which valued the Chinese office-sharing startup at about CNY9 billion (USD1.37 billion).

Dec 22, 2017
Tang Shihua
LaserFleet Raises Substantial Funds in Angel Financing to Create ‘Broadband Service in Space’

LaserFleet Raises Substantial Funds in Angel Financing to Create ‘Broadband Service in Space’

Commercial aerospace startup Shenzhen Guangwang Space Technology Co., also known as LaserFleet, has raised tens of millions of yuan in…

Dec 21, 2017
Tang Shihua
Silk Road Fund Has Committed USD7 Billion to Belt and Road Projects Since Inception

Silk Road Fund Has Committed USD7 Billion to Belt and Road Projects Since Inception

The Silk Road Fund, which acts as a medium and long-term development institution supporting China’s Belt and Road Initiative by…

Dec 20, 2017
Liao Shumin
Zhejiang Juhua, Partners Will Set Up JV to Bring Electronic Chemicals to Chinese Market

Zhejiang Juhua, Partners Will Set Up JV to Bring Electronic Chemicals to Chinese Market

Zhejiang Juhua Co. [SHA:600160] will partner with China Integrated Circuit Industry Investment Fund Co. and other investors to set up…

Dec 20, 2017
Tang Shihua
China’s Hebei Luanhe Plans to Invest USD5 Billion to Build Steel Industry Cluster in Russia’s Far East

China’s Hebei Luanhe Plans to Invest USD5 Billion to Build Steel Industry Cluster in Russia’s Far East

China’s Hebei Luanhe Industrial Group Co. (HLI) plans to build a steel deep-processing industry cluster zone with a total investment…

Dec 20, 2017
Xu Wei
New Hope Group, Other Asian Investors Buy Australia’s Largest Pet Food Firm

New Hope Group, Other Asian Investors Buy Australia’s Largest Pet Food Firm

China’s largest private agribusiness firm New Hope Group Co. acquired Australia’s Real Pet Food Co. on Nov. 30 in partnership…

Dec 20, 2017
Liao Shumin
EMQ Raises USD6.5 Mln in A-Round Financing to Expand Cross-Border Money Transfer Network

EMQ Raises USD6.5 Mln in A-Round Financing to Expand Cross-Border Money Transfer Network

Hong Kong-based cross-border money transfer company EMQ Ltd. has secured USD6.5 million in A-round financing and will use the proceeds…

Dec 20, 2017
Tang Shihua
Guangzhou, Dongguan Work to Integrate Their Ports, Build World-Class Hub

Guangzhou, Dongguan Work to Integrate Their Ports, Build World-Class Hub

Guangzhou, Dongguan Work to Integrate Their Ports, Build World-Class Hub. The Port of Guangzhou and Port of Dongguan are kicking off a bid to pool logistics resources to create a world-class hub.

Dec 19, 2017
Lin Xiaozhao

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