X

Investment

 Didi Chuxing Set to Obtain Online Payment Services License in USD45 Million Deal

Didi Chuxing Set to Obtain Online Payment Services License in USD45 Million Deal

China’s central bank has approved a deal which will see the world’s largest ride-hailing provider, Didi Chuxing, obtain a business license for online payment services.

Dec 19, 2017
Liao Shumin
Silan, Local Chinese Government Will Jointly Invest USD2.6 Billion in SE China Integrated Circuit Project

Silan, Local Chinese Government Will Jointly Invest USD2.6 Billion in SE China Integrated Circuit Project

Hangzhou Silan Microelectronics Co. [SHA:600460] will invest in a 12-inch integrated circuit production line project with total investment of CNY17…

Dec 19, 2017
Tang Shihua
Hanxiang Culture Secures USD1.5 Million Angel Funding to Produce Big Hit Online Movie

Hanxiang Culture Secures USD1.5 Million Angel Funding to Produce Big Hit Online Movie

Film and television producer Qingdao Hanxiang Culture Media Co. has bagged nearly CNY10 million (USD1.5 million) in angel round funding as it looks to make a smash hit movie for the web.

Dec 19, 2017
Tang Shihua
Tencent, JD.Com Boost Stakes in Vipshop to Deepen Partnership

Tencent, JD.Com Boost Stakes in Vipshop to Deepen Partnership

Chinese internet giants Tencent Holdings Ltd. and JD.Com Inc. agreed to increase their stakes in Vipshop Holdings Ltd. [NYSE:VIPS], buying…

Dec 18, 2017
Xu Wei
Tigermed Will Pool a USD60 Million Medical Industry Fund to Invest at Home and Abroad

Tigermed Will Pool a USD60 Million Medical Industry Fund to Invest at Home and Abroad

Medical technology service provider Hangzhou Tigermed Consulting Co. [SHE:300347] will set up a USD60 million medical and health industry fund…

Dec 18, 2017
Tang Shihua
Foxconn Plans to Put USD937 Million Into Building Plant in India, Creating 40,000 Jobs

Foxconn Plans to Put USD937 Million Into Building Plant in India, Creating 40,000 Jobs

Hon Hai Precision Industry Co. [TW:2317] (Foxconn Technology Group), the world’s largest electronic device contract manufacturer, plans to build a…

Dec 15, 2017
Xu Wei
Industry Fund, Partners Buy German Hydraulic Machine Makers

Industry Fund, Partners Buy German Hydraulic Machine Makers

An industry fund in which Hefei Metalforming Intelligent Manufacturing Co. [SHA:603011] has a 30 percent stake and two other companies…

Dec 15, 2017
Tang Shihua
Spotify and Tencent Music Equity Swap Could Hit Record Labels and Fans Hard

Spotify and Tencent Music Equity Swap Could Hit Record Labels and Fans Hard

Music streaming service Spotify announced a joint investment plan with Chinese internet behemoth Tencent Holdings Limited [HKG:0700] and its subsidiary…

Dec 15, 2017
Yicai Global
Baibao New Media Secures USD2 Million in B-Round Funding as It Pursues E-Commerce

Baibao New Media Secures USD2 Million in B-Round Funding as It Pursues E-Commerce

Baibao New Media, an e-commerce platform that started as a maternity and infant content provider, recently said that it secured…

Dec 15, 2017
Tang Shihua
Bohai Automotive Buys 75% Stake in German Parts Maker to Break Into Global NEV Sector

Bohai Automotive Buys 75% Stake in German Parts Maker to Break Into Global NEV Sector

Piston maker Bohai Automotive Systems Co. [SHA:600960] plans to spend EUR61.5 million (USD72.5 million) on a 75-percent stake in a…

Dec 15, 2017
Tang Shihua
IDG Energy Plans to Introduce Foxconn as a Strategic Investor by Issuing Nearly 1.5 Billion Shares

IDG Energy Plans to Introduce Foxconn as a Strategic Investor by Issuing Nearly 1.5 Billion Shares

IDG Energy Investment Group Ltd. [HK:0650] intends to introduce Taiwanese electronics manufacturing giant Hon Hai Precision Industry Co. [TW:2317], trading…

Dec 14, 2017
Dou Shicong
Nanjing Central Emporium Teams With Yintai Group to Form New Retail JV

Nanjing Central Emporium Teams With Yintai Group to Form New Retail JV

Nanjing Central Emporium (Group) Stocks Co. [SHA:600280] will partner with Zhejiang Yintai Investment Co. -- a unit of Alibaba Group…

Dec 14, 2017
Liao Shumin

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