Wan Jianlin, Asia's richest man, revealed his life in the private jet to the public in a debut live broadcast with a well-known Chinese talk show during the weekend.
KKR has announced the appointment of ex-Blackstone Group executive Rob Yang as managing director and Head of Greater China in the firm's real estate team, effective June 1, 2016, the global private equity giant says in an announcement.
Beijing-based television and film company Enlight Media has made an undisclosed investment in Maoyan, the online movie ticketing service provider of Meituan-Dianping after it span off the unit into an independent company, according to a company announcement.
China's Tencent Holding Ltd. and its online ticketing arm Weiying Technology has agreed to make a US$85 million strategic investment in Korean entertainment firm YG Entertainment, according to a company announcement.
As hundreds of Chinese companies queue up to list on China's domestic stock exchanges, many are forgoing the long wait via a shortcut: back-door listings via reverse mergers.
Qihoo 360 Technology Co. Ltd.'s online pharmacy marketplace 360 Haoyao has completed a RMB100 million (US$15.24 million) series A round of funding from SB China Capital (SBCVC), Lilly Asia Ventures and others, according to Chinese media reports.
Global private equity funds posted a modest recovery in the fourth quarter after a brief drop in the previous quarter, with a comparative benchmark for private equity performance released by State Street recording an overall return of 1.11% in the fourth quarter of 2015, the firm said in a release.
Chinese local police arrested 13 people at the small P2P (Peer-to-Peer) lender esudai.com in the city of Huizhou yesterday. Founded in 2010, esudai.com recorded total transaction value of over RMB7 billion (US$1.07 billion) with 330,000 investors lending out their personal savings via the online portal.
Alibaba Group Holdings Ltd. plans to team up with affiliate Ant Financial to invest an additional US$400 million in China's largest ride share company Didi Chuxing, according to Tencent Technology.
The Shenzhen Stock Exchange has made further disclosure requirements to Wanda Cinema Line Co., the movie theater arm of Chinese conglomerate Dalian Wanda Group, on its planned US$5.72 billion acquisition of Wanda Media.
Former French Finance Ministry official Bruno Bézard will join Sino-Europe private equity firm Cathay Capital Private Equity as managing partner in early July, the investment firm announced today.
New York Stock Exchange-listed Chinese children's entertainment and media firm Taomee Holdings Ltd. says it has received a notice of failure to satisfy continued listing standards from the New York Stock Exchange, casting questions on a previously announced go-private proposal, according to an announcement.
Chinese billionaire Chen Tianqiao, the co-founder of Shanda Interactive Entertainment Ltd., has bought a 11.7% stake in Lending Club Corp, as the largest P2P (Peer-to-Peer) lender in the world seeks funding after alleged lending improprieties pushed its founder Renaud Laplanche to resign.
A Chinese consortium led by China Everbright Securities and Internet video firm Beijing Baofeng Technology has bought a 65% stake in sports media rights agency MP & Silva, according to a disclosure filing (in Chinese).
Beijing-based fresh produce e-commerce start-up Benlai Life says it has completd US$117 million series C and series C+ round of financing from China Urban Realty Association, ChinaEquity Group Inc. and a subsidiary of Joyoung Co., Ltd., according to Chinese media reports.