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Li Dongmei

Li Dongmei is a staff researcher at China Money Network.

China Regulates AI-Enabled "Deep Fake" Video And Digital Content

China's State Internet Information Office, the Ministry of Culture and Tourism, and the State Administration of Radio and Television jointly…

FountainVest And Primavera Acquire 25% Of Laobaixing Pharmacy Chain

Private equity firms FountainVest Partners and Primavera Capital Group have jointly purchased 24.78% of the shares of Laobaixing Pharmacy Chain…

Sino-Ocean Capital Leads $50M Round In Automotive Aftermarket Service Platform Jybd.Cn

Chinese automotive aftermarket full-industry chain comprehensive service platform Jybd.cn announced that it had completed a RMB350 million (US$50 million) series…

Tencent Leads Strategic Round In Chinese Education Firm Gaosi Education

Tencent has led a strategic series D+ round in Gaosi Education Group, which has just changed its name to iLearning…

More Signs That China’s Massive Government Guidance Fund Bubble Has Burst

A public disclosure issued by the Shenzhen government two days ago to calm the nerves of Chinese venture capital funds…

Vertex Ventures Closes $305M Southeast Asia And India Fund

Vertex Ventures Southeast Asia and India has completed the final close of its newest fund at US$305 million, the company…

Chinese NPL Investment Firm Goes Bust With Billions At Stake, Executives Arrested

In a sign of the challenges facing the distressed debt market in China, a Chinese investment firm in the non-performing…

Bloomberg: Hong Kong Protests Could Push City’s Economy To Recession

With Hong Kong's economy already growing at a very lackluster 0.6%, the current prolonged protests in Hong Kong could take…

Goldman Sachs Faces Potential Loss Of Nearly $30M In Chinese Fashion Brand

Goldman Sachs is facing potential losses of nearly over RMB200 million (US$28.4 million) in an investment it made six years…

Nina Xiang, Author Of Red AI, Dispels Myth And Hyperbole Surrounding China’s Artificial Intelligence

Nina Xiang, author of newly released book Red AI: Victories and Warnings From China's Rise In Artificial Intelligence, is passionate…

Chinese AI Start-Up Megvii Nets $750 Million In Series D Round

Chinese artificial intelligence (AI) start-up Megvii Inc., also known as Face++, said on Wednesday it has raised US$750 million in…

Gaorong Capital Raises $500M For Fourth USD Fund

Chinese venture capital firm Gaorong Capital has raised US$500 million for its fourth U.S. dollar fund, according to an announcement…

Stock Market Woes Lead To Increasing Share Pledge Lawsuits With Big Four AMCs Eyeing For Opportunities

China’s plummeting stock market has triggered margin calls for many listed Chinese companies' key shareholders who have pledged their shares.…

Tencent Reaches Republishing Agreement With Digital Entertainment Unit Of Sea Limited

Tencent Holdings Limited has reached an agreement with an Asian games company to publish its games in Southeast Asia, as…

China Completes Two BeiDou Satellite Launch Via March-3B Carrier Rocket

China has launched a new pair of navigation satellites into space on a Long March-3B carrier rocket from the Xichang…

Foreign Investors Accelerate Chinese NPL Purchases As Cross-Border Deals Increase

There has been increasing interests to purchase Chinese non-performing assets by foreign investors, as a Chinese financial asset exchange platform…

Warburg Pincus Invests $181M Into Weave Co-Living With Option To Upsize To $413.5M

An affiliate of Warburg Pincus has invested US$181 million into Weave Co-Living, a Hong Kong-based co-living rental accommodation provider targeting…

Chinese Banks Shy Away From Non-performing Asset ABS Market

Since the 2016 launch of asset-backed securities (ABS) market for non-performing loans (NPL) in China, the space has not taken…

Warburg Pincus Completes Acquisition of DKSH’s Healthcare Business in China

Warburg Pincus has completed the acquisition of 100% stake of the China healthcare business from DKSH, a market expansion services…

Zebra Global Capital, Backed By Qunar Founder, Raises Second Fund

Zebra Global Capital, a Beijing-based private equity fund founded by the founder of Qunar.com, just completed raising its second fund.…

Chinese Agricultural Banks See Rising Bad Loans While More Are Expected

Chinese agricultural banks are seeing their non-performing loan ratio increase rapidly, as one of the hardest hit segments in the…

Chinese Rollable Display Maker Royole Raises Fresh Capital At $5B Valuation

Chinese rollable display company Royole Corp has raised new capital from investors including Yingke Innovation Asset Management Co., Ltd. at…

Employees In Hong Kong Less Engaged At Work Compared With India And China

Employee engagement in Hong Kong has declined consistently over the last three year, in stark contrast to the upward trend…

Morningside Raises $1 Billion New USD Fund

Morningside Venture Capital has raised a new U.S. dollar fund with total capital commitment of over US$1 billion, the firm…

A Start-Up Explores Opportunities In Monetizing China’s "Pet Economy" Via WeChat

China's pet economy is estimated to be around RMB170 billion (US$25 billion) in 2018. With an expected 10-year compound annual…

Taiwanese Semiconductor Foundry TSMC Takes Aim At 5nm Process Chips

Taiwan Semiconductor Manufacturing Co., Ltd. (TSMC) said that it has successfully taped out its first customer chip using its second-generation…

Dark Clouds Over IPO Of Tencent-Backed Douyu As Regulation Heightens

The prospects of the initial public offering of Chinese online video streaming portal Douyu are increasingly uncertain, as the company…

Didi Rumored To Acquire Bike Sharing Firm Ofo For $2 Billion

Chinese ride sharing giant Didi Chuxing is rumored to be acquiring bike sharing firm Ofo for around US$2 billion, said…

Artificial Intelligence Stirs Up Public Anger As Chinese Simultaneous Interpreters Feel "Disrespected"

Zhang Wei is a simultaneous interpreter frequently providing real-time interpretation services to international conferences in China. In at least two…

Programmer Sentenced To 3-Year Jail Time For Selling VPN Services Illegally In China

A programmer has been sentenced to three years in jail and a fine of RMB10,000 (US$1,446) for selling VPN services…

China’s Distressed Market Cools As Investors Retreat And Liquidity Dries Up

China's distressed debt market is cooling rapidly as investors retreat because of tightened capital market conditions. Bad loan supplies continue…

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