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edaixiChinese start-ups are increasing raising capital from corporations, as venture capital becomes tougher to source. Edaixi, an O2O (online-to-offline) laundry …

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edaixiChinese start-ups are increasing raising capital from corporations, as venture capital becomes tougher to source. Edaixi, an O2O (online-to-offline) laundry services mobile app, is the latest company getting funded by strategic players. Libai Group Co., Ltd., a detergent manufacturer in China, has led a series B+ round in Edaixi, a start-up launched by Beijing-based laundry […]

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agricultureChina Everbright Ltd. (CEL) says its RMB Mezzanine Fund II has made an investment in Sichuan Dekang Agriculture Technology Ltd., …

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agricultureChina Everbright Ltd. (CEL) says its RMB Mezzanine Fund II has made an investment in Sichuan Dekang Agriculture Technology Ltd., a Chinese hog farming and quality chicken farming operator, the company said during the weekend. The investment was completed this month, but no financial details were revealed. Following the deal, the CEL fund will be […]

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movieHollywood studios have been coming to grips with the fact that China will soon be the world’s largest market for …

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movieHollywood studios have been coming to grips with the fact that China will soon be the world’s largest market for entertainment. Movies increasingly are co-produced by cash-rich Chinese moguls. Chinese stars are cast in supporting roles. Praise for Chinese culture is being randomly stuck into scripts. In some cases, such ploys have paid off: 2015's […]

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artificialintelligenceHorizons Ventures, Hong Kong tycoon Li Ka-shing's venture-capital fund, has led a US$7.5 million series A funding round in Soul …

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artificialintelligenceHorizons Ventures, Hong Kong tycoon Li Ka-shing's venture-capital fund, has led a US$7.5 million series A funding round in Soul Machines, a developer of intelligent and emotionally responsive avatars. San Fransisco-based Iconiq Capital also participated in the round, which will allow Soul Machines to invest toward its objective of humanizing technology to create intelligent and […]

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Shanghai, China, November 28, 2016 /ChinaNewswire.com/ – AccorHotels has successfully grown every brand in its portfolio notwithstanding the economic slowdown over the past decade. With its wide spectrum of properties from the luxury to economy segment, the group aims to meet and cater to the various needs and preferences of its diverse clientele from business… Read More

movieAlibaba Pictures Group is to acquire a 30% stake in Chinese film investment company Hehe Pictures to become its second …

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movieAlibaba Pictures Group is to acquire a 30% stake in Chinese film investment company Hehe Pictures to become its second largest shareholder, the firm announced today. The investment value was not disclosed. "Hehe Picture has made innovative progress in movie investment and distribution," said Zhang Qiang, chief executive of Alibaba Pictures. "We hope to explore […]

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fintechChina's Sunshine Insurance Group Corporation has led a RMB500 million (US$73 million) series C round of financing in QuantGroup, a …

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fintechChina's Sunshine Insurance Group Corporation has led a RMB500 million (US$73 million) series C round of financing in QuantGroup, a financial technology start-up. Fosun Capital, Guosen Hongsheng Investment Co., Ltd., and other undisclosed investors also participated in the round. "We will cooperate with QuantGroup on credit guarantees for insurance products," said Zhang Ling, an investment […]

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shenzhen-hk-connectThe China Securities Regulatory Commission (CSRC) and the Hong Kong Securities and Futures Commission (SFC) have approved the official launch …

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shenzhen-hk-connectThe China Securities Regulatory Commission (CSRC) and the Hong Kong Securities and Futures Commission (SFC) have approved the official launch of Shenzhen-Hong Kong Stock Connect to commence on December 5, boosting the Hong Kong market today. The Hang Seng Index closed the morning session up 0.71% to 22,885.08 on Monday, while the Hang Seng China […]

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propertyChinese property developer Sino-Ocean Group Holding Ltd. and global private equity giant KKR & Co. have agreed to invest HK$1.477 …

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propertyChinese property developer Sino-Ocean Group Holding Ltd. and global private equity giant KKR & Co. have agreed to invest HK$1.477 billion (US$191 million) in Beijing Capital Juda Ltd., a retail outlets developer and operator in China, the firms said today. Following the completion of the transaction, Sino-Ocean will own an approximate 16% stake in Capital […]

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e-commerc1E-commerce and retail companies have suffered in 2016, as brick and mortar chains and online shopping giants continue to converge …

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e-commerc1E-commerce and retail companies have suffered in 2016, as brick and mortar chains and online shopping giants continue to converge in China. Here is a list of defunct start-ups, backed by the likes of Matrix Partners and Vertex Ventures China, that have succumbed to the roaring currents in the past year. 1. Meiweiqiqi The fresh […]

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chinaustradeA trade war with the U.S. could severely dampen China’s growth and employment prospects, herald both deflationary and RMB depreciation …

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chinaustradeA trade war with the U.S. could severely dampen China’s growth and employment prospects, herald both deflationary and RMB depreciation pressure, plus prompt China’s structural problems to worsen, says a research report by Mizuho Securities Asia Ltd. Even though a trade war is unlikely to break out for now, the possibility of a trade war […]

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