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Investment

Zongshen Power Machinery Buys 100% of Dajiang Power Equipment’s Equity

Zongshen Power Machinery Buys 100% of Dajiang Power Equipment’s Equity

Chongqing Zongshen Power Machinery Co. [SHE:001696] announced its stocks will resume trading today.

Dec 14, 2017
Liao Shumin
KraussMaffei Forecasts 70% Injection Molding Sales Growth This Year After Merger with ChemChina

KraussMaffei Forecasts 70% Injection Molding Sales Growth This Year After Merger with ChemChina

As one of the world’s largest plastic and rubber machinery manufacturers, KraussMaffei Group posted impressive business growth in the Chinese…

Dec 14, 2017
Lin Chunting
Haiyuan Automatic Equipments Teams With SGL Carbon in Lightweight Materials

Haiyuan Automatic Equipments Teams With SGL Carbon in Lightweight Materials

Chinese mechanical equipment manufacturer Fujian Haiyuan Automatic Equipments Co. [SHE:002529], a has recently struck strategic cooperation with Germany-based SGL Carbon…

Dec 14, 2017
Dou Shicong
Chinese Materials Firm Will Put USD151 Million Into Mining, Processing Project in Jiangxi Province

Chinese Materials Firm Will Put USD151 Million Into Mining, Processing Project in Jiangxi Province

Yongxing Special Stainless Steel Co. [SHE:002756] will invest CNY1 billion (USD151 million) in a mining and processing project via its…

Dec 13, 2017
Tang Shihua
Huajin Capital Looks to Invest USD135 Million to Build Incubator for Smart Manufacturers

Huajin Capital Looks to Invest USD135 Million to Build Incubator for Smart Manufacturers

Zhuhai Huajin Capital Co. [SHE:000532] plans to invest CNY890 million (USD135 million) via wholly-owned subsidiary to build a startup incubator…

Dec 13, 2017
Tang Shihua
Chinese Construction Firm Signs Deal to Build 500-Room Hotel in Jamaica

Chinese Construction Firm Signs Deal to Build 500-Room Hotel in Jamaica

General contracting firm China National Complete Plant Import & Export Corp. [SHE:000151] has signed an agreement for the construction of a hotel project in Jamaica.

Dec 13, 2017
Tang Shihua
Cloud Services Provider Ksyun Gets USD300 Million in Largest Fundraising in China’s Cloud Industry

Cloud Services Provider Ksyun Gets USD300 Million in Largest Fundraising in China’s Cloud Industry

China's Internet cloud services provider Beijing Ksyun Network Technology Co. has completed a USD300 million fourth round of financing, making…

Dec 13, 2017
Chen Juan
Xilong Scientific Looks to Expand by Acquiring 70% Stake in Molecular Diagnostics Firm

Xilong Scientific Looks to Expand by Acquiring 70% Stake in Molecular Diagnostics Firm

Xilong Scientific Co. [SHE:002584] plans to buy a 70-percent stake in a molecular diagnostics company in East China’s Shandong province to expand its market scope within biotechnology.

Dec 12, 2017
Tang Shihua
Mafengwo Raises USD133 Million to Improve Online Travel Content, Services

Mafengwo Raises USD133 Million to Improve Online Travel Content, Services

China’s leading self-guided tour platform Mafengwo raised USD133 million in its fourth funding round and plans to better help users make travel decision, it said today.

Dec 12, 2017
Liao Shumin
Yicartrip Closes USD26 Million A-Round to Shore Up Nationwide Sales Network

Yicartrip Closes USD26 Million A-Round to Shore Up Nationwide Sales Network

Chinese auto finance provider Shenzhen Yicartrip Technology Co. closed A-round funding worth CNY175 million (USD26 million) to ramp up sales…

Dec 12, 2017
Tang Shihua
Jiuding Investment Plans to Pump USD378 Million Into Finance App Jiedaibao Ahead of Its IPO

Jiuding Investment Plans to Pump USD378 Million Into Finance App Jiedaibao Ahead of Its IPO

Jodin Holdings, a large institutional Chinese investor, plans to put another CNY2.5 billion (USD377.9 million) into its internet finance app…

Dec 11, 2017
Dou Shicong

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