Translink Capital, Hina Group and China Aviation Industrial Fund have jointly invested in a series A round worth around US$10 million in XGene, a Chinese smart device start-up.
Chinese private equity firm Orient Hontai Capital has agreed to acquire a majority stake of San Francisco-based advertising technology start-up AppLovin for US$1.42 billion.
China has launched a RMB350 billion (US$52.5 billion) national fund to help major state-owned enterprises restructure by industry consolidation and cutting excess capacity.
Chinese private equity firm Capital Today has raised US$600 million for an evergreen investment vehicle with a fund life of 28 years. The fund, a first in China, exceeds its planned target of US$500 million, according to someone with knowledge of the matter.
In this episode of China Money Podcast, returning guest Dr. Marc Faber, renowned investor and publisher of The Gloom, Boom & Doom Report, speaks with our host Nina Xiang. Dr. Faber played a game of Long & Short, where he spelled out his view on central banks, currencies and commodities, among other items.
Israeli-Chinese cross-border private equity firm Infinity Group and Neusoft Corporation have agreed to set up a US$250 million investment fund to back Israeli medical technology companies with the aim of realizing their potentials in China.
A venture investment unit of Fosun Group and Chinese healthcare online community portal DXY have led a RMB70 million (US$10 million) series A and series A+ round in LinkedCare, a Shanghai-based start-up providing dental SaaS solutions to doctors and patients.
Lian Jie, an ex-partner at Primavera Capital, has joined Chinese online gaming firm Perfect World Co., Ltd. as president and chief executive of the company's film division.
Didi Chuxing has invested tens of millions of U.S. dollars in ofo, an urban bicycle sharing platform, to expand the Chinese ride share giant's operations into the so-called last mile mobility space.
Chinese venture firm GP Healthcare Capital has led a US$55 million series C financing round in MicuRx Pharmaceuticals, Inc., a bio-pharmaceutical company developing antibiotics to improve the treatment of resistant bacterial infections with operations in Shanghai and California.
Chinese securities regulators have approved the initial public offering application submitted by official news agency website Xinhuanet.com to list on the Shanghai stock exchange.
GGV Capital has co-led a US$60 million series B financing round in Zuoyebang, a K12 online education spin-off from Baidu Inc., with participation from existing investors Sequoia Capital and Legend Capital, Chinese media reported.
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.