Vertex Venture Holdings Limited, a wholly-owned subsidiary of Singapore's Temasek Holdings, has received US$600 million from its parent to invest in innovative technology start-ups in the U.S., Israel and China. In a news article posted on the firm's website, Vertex's chief executive Chua Kee Lock says the new venture fund will invest in healthcare, technology, […]
There are 437 venture financing deals worth US$13 billion in Greater China during the third quarter, 88% higher than the last quarter in terms of deal value, according to numbers newly released by data tracker Preqin.
Beijing-based private equity firm ChinaEquity Group says it has won regulatory approval to list its RMB investment business on China's National Equities Exchange and Quotations (NEEQ), or the New Third Board.
Unisplendour Corporation Limited, a subsidiary of China's Tsinghua University, has agreed to invest US$3.78 billion in U.S. digital content storage firm, Western Digital Corporation.
China’s official manufacturing purchasing managers index (PMI), the bellwether of large industrial firms, inched up to 49.8 in September from 49.7 in August.
Jiangsu province-based P2P (peer-to-peer) lending platform Kaixindai Financing Services has completed RMB200 million (US$34 million) angel investment from China Development Bank and other investors.
Shenzhen-based Dadabus, a mobile app that allows users to share customized bus rides, has completed RMB200 million (US$32 million) series B round of financing from Northern Light Northern Light Venture Capital and a new Chinese venture firm Jinqiao Capital.
Questions on whether China has enough foreign reserves in the face of record capital outflows from the country are a reflection of extreme market pessimism. These doubts are easily resolved with some simple facts, says a research report by UBS AG.
Shenzhen-based Idea International Development Limited, a smartphone 4G LTE solution provider, has completed US$35 million series A round of financing from an undisclosed investor, according to Chinese media reports.
Alibaba Group Holding Limited and its financial services arm Ant Financial Services Group have agreed to make a strategic investment in One97 Communications, the parent company of India’s largest mobile payment and commerce platform Paytm, according to a joint announcement.
Venture-backed Chinese ride share company Didi Kuaidi has invested an undisclosed amount in India's Ola, a local ride share start-up. The investment is part of Ola's latest financing round, which is reportedly US$500 million and values the start-up at US$5 billion.
In this episode of China Money Podcast, guest Mark McFarland, global chief economist at private bank Coutts & Co. Limited, speaks to our host Nina Xiang. He shared his views on why investors should not focus too much on the near-term volatility in the Chinese economy and markets, why the RMB has limited space for […]
A Hong Kong-listed unit of Chinese property developer Gemdale Corporation has partnered with Californian real estate firm LaTerra Development to form a joint venture that will build a US$125 million mixed-use project in Hollywood.
Mark McFarland, global chief economist at private bank Coutts & Co. Limited, tells China Money Podcast host Nina Xiang that Hong Kong-listed Chinese Internet leaders and banks are preferred sectors for gradual market re-entry.
Mark McFarland, global chief economist at private bank Coutts & Co. Limited, tells China Money Podcast host Nina Xiang that China has plenty of room to loosen monetary policy if needed, and is likely to cut bank reserve requirement ratio two or three times by the end of 2016.