GGV Capital has led a US$15 million series B financing round in Operator, an expert community-based e-commerce company, to help fund its global expansion starting with China.
Canada Pension Plan Investment Board (CPPIB) has signed a memorandum of understanding with the National Development and Reform Commission (NDRC) of China to offer CPPIB's expertise in assisting Chinese policy-makers as they address the challenges of China's aging population.
An investor consortium led by Chinese private equity firm Beijing Shanhai Capital Management Co, Ltd. has agreed to acquire Santa Clara, California-headquartered Analogix Semiconductor, Inc. for over US$500 million with plans to list the company in China soon.
Chinese private equity and venture capital firm JD Capital has led a US$10 million investment in Shenzhen Nuokang Medical Equipment Co., a developer and manufacturer of continuous non-invasive blood pressure measurement equipment.
Meridian Capital China and Banyan Capital have led a US$28 million series C funding round in recruitment mobile app Bosszhipin, with participation from existing investors Capital Today and Shunwei Capital.
Hony Capital has invested another HK$1.5 billion (US$193 million) in Hong Kong-listed handbag maker Lee & Man Handbags and potentially drove another deal betting on the Chinese restaurant sector.
Postal Savings Bank of China Co. has raised US$7.4 billion in the world’s biggest initial public offering in two years, after pricing its shares at HK$4.76 apiece yesterday in Hong Kong.
China Integrated Circuit Industry Investment Fund has led a US$47 million series E funding round in Centec Networks, an Ethernet switching silicon and SDN white box solutions provider.
iFlyTek Co., Ltd., a Shenzhen-listed Chinese software firm, has led a US$100 million investment in home service robot start-up ROOBO, while the two companies have also reached a strategic partnership, according to Chinese media reports.
Qualcomm Ventures has led a RMB80 million (US$12 million) series A round of financing in Bell Education Group, an education O2O (online-to-offline) start-up focused on children between 3 to 13 year old.
Tiantu Capital and Shanghai-listed Chinese investment and trading firm Xinhu Zhongbao Co., Ltd. have led a US$310 million series C round of financing in U51.com, a credit card and online financial services mobile app.
H&Q Asia Pacific has led a US$15 million series C financing round in Efficient Drivetrains, Inc., a high-efficiency hybrid and electric drivetrain solution provider.
China's National Social Security Fund, China Reinsurance Corp and Korean private equity firm Lindeman Asia Investment have agreed to invest US$260 million in Chinese electronic component e-commerce platform Cogobuy Group, according to media reports.
Tencent Holdings Ltd. has made a strategic investment in AwCloud, a Beijing-based Software as a Service (SaaS) start-up. Financial details were not disclosed. The two parties established a strategic partnership in July. AwCloud plans to launch integrated services with Tencent's platforms after the completion of this investment.
The recent surge of property prices and sales in China has triggered bubble talk and concerns over one of the most important pillars of the Chinese economy, but UBS AG says there is unlikely to be a big bubble burst in the near future.
CCB International and San Shan Capital Partners have participated in a US$70 million series C round of financing in FirstP2P, an online lending information platform backed by Net Credit Finance Group.
KKR has appointed Paul Yang (pictured), current president and CEO of China Development Financial Corporation (CDFC), as head of Greater China, effective January 2017, the firm announced today.