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GGV Capital Leads $15M Series B Round In E-Commerce Firm Operator

GGV Capital Leads $15M Series B Round In E-Commerce Firm Operator

By Jillian Yue | 23 September 2016 — 19:36 HKT

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.

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CPPIB Agrees To Assist Chinese Policy Makers In Pension Reforms

CPPIB Agrees To Assist Chinese Policy Makers In Pension Reforms

By Jillian Yue | 23 September 2016 — 10:06 HKT

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.

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China IC Fund-Backed Entity Acquires Analogix Semiconductor For $500M

China IC Fund-Backed Entity Acquires Analogix Semiconductor For $500M

By Li Dongmei | 23 September 2016 — 09:38 HKT

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.

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JD Capital Leads $10M Investment In Chinese Medical Device Maker

JD Capital Leads $10M Investment In Chinese Medical Device Maker

By Jillian Yue | 22 September 2016 — 16:54 HKT

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.

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Meridian Capital China, Banyan Capital Lead $28M Series C Round In Mobile App Bosszhipin

Meridian Capital China, Banyan Capital Lead $28M Series C Round In Mobile App Bosszhipin

By Li Dongmei | 22 September 2016 — 16:38 HKT

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.

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Hony Capital Doubles Down On Lee & Man And Chinese Restaurant Investment

Hony Capital Doubles Down On Lee & Man And Chinese Restaurant Investment

By Nina Xiang | 22 September 2016 — 16:17 HKT

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.

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Postal Savings Bank Of China Raises $7.4B With Strong State Help

Postal Savings Bank Of China Raises $7.4B With Strong State Help

By Jillian Yue | 22 September 2016 — 13:04 HKT

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.

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FountainVest Partners Closes US$2.1B Third Fund

FountainVest Partners Closes US$2.1B Third Fund

By Jillian Yue | 22 September 2016 — 11:22 HKT

FountainVest Partners has completed the final closing of its third fund, FountainVest China Capital Partners Fund III, L.P., with total committed capital of US$2.1 billion.

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China Integrated Circuit Industry Investment Fund Leads $47M Round In Centec Networks

China Integrated Circuit Industry Investment Fund Leads $47M Round In Centec Networks

By Li Dongmei | 22 September 2016 — 10:59 HKT

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.

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China's iFlyTek Leads $100M Investment In Service Robot Start-Up ROOBO

China's iFlyTek Leads $100M Investment In Service Robot Start-Up ROOBO

By Li Dongmei | 22 September 2016 — 10:32 HKT

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.

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Qualcomm Ventures Leads $12M Series A Round In Bell Edcuation

Qualcomm Ventures Leads $12M Series A Round In Bell Edcuation

By Li Dongmei | 21 September 2016 — 18:39 HKT

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.

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Tiantu Capital Co-Leads $310M Series C Round In GGV-Backed U51.Com

Tiantu Capital Co-Leads $310M Series C Round In GGV-Backed U51.Com

By Nina Xiang | 21 September 2016 — 16:20 HKT

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.

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H&Q Asia Pacific Leads $15M Series C Round In Efficient Drivetrains

H&Q Asia Pacific Leads $15M Series C Round In Efficient Drivetrains

By Jillian Yue | 21 September 2016 — 13:01 HKT

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.

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China National Social Security Fund Joins $260M Investment Deal In Cogobuy

China National Social Security Fund Joins $260M Investment Deal In Cogobuy

By Jillian Yue | 21 September 2016 — 12:20 HKT

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.

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Tencent Invests In Intel-Backed SaaS Provider AwCloud

Tencent Invests In Intel-Backed SaaS Provider AwCloud

By Jillian Yue | 21 September 2016 — 10:59 HKT

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.

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China's Growing Property Bubble Will Not Pop Yet

China's Growing Property Bubble Will Not Pop Yet

By Staff Writer | 21 September 2016 — 10:25 HKT

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.

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CCB International, San Shan Capital Join $70M Series C Round In FirstP2P

CCB International, San Shan Capital Join $70M Series C Round In FirstP2P

By Li Dongmei | 20 September 2016 — 17:15 HKT

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.

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KKR Names Ex-CEO Of China Development Financial As Head Of Greater China

KKR Names Ex-CEO Of China Development Financial As Head Of Greater China

By Jillian Yue | 20 September 2016 — 15:39 HKT

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.

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