Investment

Sunac China Provides USD269 Million Loan to Cash-Strapped Leshi

Sunac China Provides USD269 Million Loan to Cash-Strapped Leshi

Sunac China Holdings Ltd. [HKG:1918] has offered CNY1.79 billion (USD269 million) loan to Leshi Internet Information and Technology (Beijing) Co.…

Nov 16, 2017
Liao Shumin
Professional Social Network Maimai Secures USD75 Million in C-Round Funding, Eyes 2019 IPO

Professional Social Network Maimai Secures USD75 Million in C-Round Funding, Eyes 2019 IPO

Chinese professional social networking app Maimai, run by Beijing Taoyou Tianxia Technology Development Co., has bagged USD75 million in C-round…

Nov 16, 2017
Zhang Xia
Tsinghua Unigroup to Invest USD15 Billion to Research 5G, IOT in Dongguan

Tsinghua Unigroup to Invest USD15 Billion to Research 5G, IOT in Dongguan

China’s state-owned Tsinghua Unigroup Co. plans to invest CNY100 billion (USD15.1 billion) to build five technology bases for 5G and…

Nov 16, 2017
Zhang Xia
Chinese Data Firm ZMT Network Raises USD27 Million in B+ Funding

Chinese Data Firm ZMT Network Raises USD27 Million in B+ Funding

China’s largest offline data service provider, Beijing ZMT Network Technology Co., has raised CNY180 million (USD27.27 million) in its B+…

Nov 16, 2017
Zhang Xia
Dr. Peng Telecom Looks to Acquire Optical Fiber Companies in Hong Kong, Canada

Dr. Peng Telecom Looks to Acquire Optical Fiber Companies in Hong Kong, Canada

Sichuan-based private telecoms firm Dr. Peng Telecom Media Group Co. [SHA:600804] plans to acquire Canadian optic fiber and cable operator…

Nov 16, 2017
Dou Shicong
China Merchants Leads USD100 Million C-Round at Cross-Border E-Commerce Platform Ymatou

China Merchants Leads USD100 Million C-Round at Cross-Border E-Commerce Platform Ymatou

Shanghai Ymatou Network Technology Co., a Chinese cross-border e-commerce platform, has bagged USD100 million in C-round funding led by China Merchants Capital Management Co.

Nov 16, 2017
Chen Juan
India’s Tata Motors Reportedly Invests USD900 Million in Jia Yueting’s Faraday Future

India’s Tata Motors Reportedly Invests USD900 Million in Jia Yueting’s Faraday Future

Leading Indian automaker Tata Motors Limited ADR [NYSE:TTM] has reportedly made an investment of USD900 million in Faraday Future Inc.…

Nov 15, 2017
Chen Juan
Hisense Electric Buys 95% Stake in Toshiba’s TV Subsidiary for USD113.6 Million

Hisense Electric Buys 95% Stake in Toshiba’s TV Subsidiary for USD113.6 Million

Qingdao Hisense Electric Co. [SHA:600060], a Chinese home appliances manufacturing giant, said yesterday that it entered into an agreement with…

Nov 15, 2017
Zhang Xia
Foxconn Signs Deal to Build Multi-Billion Dollar LCD Panel Factory in Wisconsin

Foxconn Signs Deal to Build Multi-Billion Dollar LCD Panel Factory in Wisconsin

Hon Hai Precision Industry Co., trading as Foxconn Technology Group [TWSE:2317], the world's largest electronics contract manufacturer and a key…

Nov 14, 2017
Zhang Xia
Aluminum Processor Zhongwang USA Calls Off Acquisition of Aleris, Possibly Due to Failure in CFIUS Approvals

Aluminum Processor Zhongwang USA Calls Off Acquisition of Aleris, Possibly Due to Failure in CFIUS Approvals

The investment company Zhongwang USA LLC, a subsidiary of the leading high-end aluminum processing China Zhongwang Holdings Ltd. [HK:1333], has…

Nov 14, 2017
Tang Shihua
Oracle Slows Acquisition Pace After Purchasing 15 Cloud-Related Companies in Recent Years, Executive Says

Oracle Slows Acquisition Pace After Purchasing 15 Cloud-Related Companies in Recent Years, Executive Says

Oracle Corp. [NYSE:ORCL], the world’s second-largest software company, has slowed its acquisition pace after acquiring 15 cloud-computing companies in recent…

Nov 14, 2017
Jiang Xuan
Retail Giant Suning Aims to Raise USD1 Billion Through Sale of Up to 5.5 Million Shares in Alibaba

Retail Giant Suning Aims to Raise USD1 Billion Through Sale of Up to 5.5 Million Shares in Alibaba

Chinese retail giant Suning Commerce Group Co Ltd [SHE:002024] intends to sell up to 5.5 million shares in internet…

Nov 14, 2017
Xu Wei

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