Nina Xiang

Nina Xiang is the co-founder and managing editor overseeing editorial content and product development at CMN. Before founding CMN in 2011, Nina worked at BusinessWeek magazine in Beijing and Institutional Investor magazine in New York, writing about business and financial services. While in New York, she also served as part-time correspondent for Shanghai's financial television channel, China Business Network, as well as China Radio International, China's national English-language radio network.



Recent news, commentary, and posts by Nina Xiang:

China VC/Tech Weekly Roundup: Grocery Delivery Firm Raises $500M, China’s Quora Scores $270M

In this episode of China Money Podcast, listen to all the news headlines in the China venture and tech sector for the week of August 6 to August 10, 2018, with host Nina Xiang. Topics covered include Dada-JD Daojia, a Chinese online grocery delivery firm, raising US$500 million from U.S. retailer Walmart and JD.com, and Zhihu, China’s Quora, scores a US$270 million new round, possibly before it’s IPO. Be sure to subscribe to China Money Podcast for free in the …

China VC/Tech Weekly Roundup: Chinese EV Unicorn Xiaopeng Raises $587M, China VC Tracker Released For July

In this episode of China Money Podcast, listen to all the news headlines in the China venture and tech sector for the week of July 30 to August 3, 2018, with host Nina Xiang. Topics covered include Chinese electric vehicle unicorn Xiaopeng Motors raising a US$587 million massive round, and China Money Network releases China VC Tracker for the month of July that analyzes VC market trends in the past month. Be sure to subscribe to China Money Podcast for …

China VC/Tech News Weekly Roundup: WeWork China Raises $500M, Alibaba Reportedly Leads $600M In Face++

In this episode of China Money Podcast, listen to all the news headlines in the China venture and tech sector for the week of July 23 to July 27, 2018, with host Nina Xiang. Topics covered include WeWork China raising a US$500 million series B round of financing led by Temasek, the SoftBank Group the SoftBank Vision Fund, and Megvii Inc., also known as Face++, reportedly nearing a US$600 million round from investors including Alibaba and Boyu Capital. Be sure …

China VC/Tech News Weekly Roundup: Chinese Intra-City Logistics Firm Raises $250M, Recycling Start-Up Secures $150M

In this episode of China Money Podcast, listen to all the news headlines in the China venture and tech sector for the week of July 9 to July 13, 2018, with host Nina Xiang. Topics covered include 58 Suyun, a freight business unit under Chinese online marketplace 58 Daojia, securing US$250 million funding, and Tiger Global Management leading a US$150 million round in Aihuishou, a Shanghai-based smartphone and consumer electronics recycle start-up. Be sure to subscribe to China Money Podcast …

China VC/Tech News Weekly Roundup: China VC Tracker For June, Computer Vision Firm Trax Raises $125M

In this episode of China Money Podcast, listen to all the news headlines in the China venture and tech sector for the week of July 2 to July 6, 2018, with host Nina Xiang. Topics covered include Chinese VC Tracker for the month of June, where a monster round completed by Ant Financial drove monthly VC deal value over 300% more than that of May, and computer vision solutions firm Trax raising a US$125 million round from Chinese investment firm …

Chinese Co-Working Space Firm Kr Space Plans Major Hong Kong Push As It Nears Closing Of New Funding Round

Beijing-based co-working space operator Kr Space Ltd. is pushing into Hong Kong aggressively, adding three new leases of office space recently that it hopes to convert to co-working facilities. This comes as the competitor to WeWork Cos. in China is trying to close a new funding round of roughly US$300 million after raising US$200 million last month, according to people familiar with the matter.

China VC/Tech News Weekly Roundup: Vipkid’s $500M Series D+, AI Chip Maker Cambricon Raises Massive Round

In this episode of China Money Podcast, listen to all the news headlines in the China venture and tech sector for the week of June 18-22, 2018 with host Nina Xiang. Topics covered include Chinese AI chip maker Cambricon’s massive round worth several hundred millions of U.S. dollars, Vipkid’s US$500 million series D+ financing, and lots of other VC news and tech topics. Be sure to subscribe to China Money Podcast for free in the iTunes store, or subscribe to …

500 Startups’ Bonnie Cheung: More Blockchain Projects Should Focus On Solving Inter-Chain Operability And Privacy Issues

Bonnie Cheung, a venture partner at 500 Startups, has read hundreds of blockchain whitepapers to screen for a select few that the early-stage investment firm and seed accelerator chooses to back. As things tend to progress with hyper speed in blockchain compared to other industries, 500 Startups has invested in enough projects to solve "the scalability" issue in a matter of four to five months. For now, she wants to see more projects focused on solving the two other key …

China VC/Tech News Weekly Roundup: Xiaomi CDR Issuance, Ant Financial’s $14B Massive Round

In this episode of China Money Podcast, listen to all the news headlines in the week of June 4-8, 2018 with host Nina Xiang and guest Fritz Demopoulos, founder of Queens Road Capital and co-founder of Qunar.com. Topics covered include Chinese smartphone maker Xiaomi Inc.’s dual listing in Hong Kong and in China via the newly implemented CDR program, Ant Financial’s massive US$14 billion new round, and how to keep up with shifting new tech trends in today’s world. Be …

Conrad Tsang: Chinese LPs Need To Focus On Consistent Returns, Not Single Home Runs

Conrad Tsang, founder and chairman of Hong Kong-based investment firm Strategic Year Holdings Ltd., sat down earlier this week with China Money Network on the sidelines of the China Private Equity Summit 2018, organized by the Hong Kong Venture Capital and Private Equity Association (HKVCA). Tsang founded his own firm in 2015 after spending 13 years at Baring Private Equity Asia, last serving as managing director at the global private equity firm. During the early years of his career, he …

China VC Tracker: Chinese VCs Made 284 Deals Worth $6.38 Billion In May 2018

Chinese venture capital activity saw a jump in the number of announced deals but total deal value dropped significantly last month from April because of the lack of mega deals. In May, 284 VC deals were announced worth an aggregate US$6.38 billion, compared to 209 deals worth US$15.59 billion in April, according to China Money Network’s China VC Tracker released today. China VC Tracker is produced based on proprietary data collected by China Money Network.

What We Learned From Canaan’s Hong Kong IPO Prospectus

Canaan Inc., the world’s second largest Bitcoin mining machine manufacturer, is the first to file an IPO prospectus for a public listing. Therefore, its security filing is an interesting read, providing a rare look into an industry that is still often shrouded in secrecy.

Gaw Capital Enters Distressed Real Estate Sector With $1B New Fund With Country Garden Unit

Hong Kong-based private real estate investment firm Gaw Capital has teamed up with Shenzhen Paladin Asset Management, the investment arm of one of the largest Chinese property developers, Country Garden Group,to jointly launch a US$1 billion special situations fund to invest in distressed real estate projects in China, Gaw Capital confirms to China Money Network.

China VC/Tech News Roundup: Didi Murder, Xiaomi Rice Cooker, And Canaan IPO

In this episode of China Money Podcast, listen to all the news headlines in the week of May 7-11, 2018 with host Nina Xiang, together with guest Shai Oster, the Asia bureau chief for The Information. Topics covered include the implications of a recent murder by a Didi driver who passed facial recognition to log into his father’s account to take orders, Xiaomi’s rice cooker maker raising a series C round (and of course Xiaomi’s upcoming IPO), and the planned …

China Huarong Chairman Lai Xiaomin Is Investigated For Severe Disciplinary Breaches

The Chinese State Commission of the Central Commission for Discipline Inspection has disclosed that Lai Xiaomin, party secretary and chairman of China Huarong Asset Management Co., Ltd., was suspected of serious violation of laws and regulations and is currently undergoing disciplinary review and investigations, China’s Xinhua News Agency reported.

Cynthia Zhang: Toutiao Easily Worth More Than Tech Giant Baidu

At first glance, the investment strategy of veteran private equity manager Cynthia Zhang appears risky. As founder of recently launched private equity firm FutureX Capital, Zhang plans to make mid-to-late stage investments in promising Chinese tech stars, whose valuations are perhaps the highest in the world.

Meituan Dianping Rumored To Buy Chinese Bike Sharing Firm Mobike For $3.7B

Chinese group-buying and location-based services firm Meituan Dianping is reportedly in talks to buy bike sharing firm Mobike for US$3.7 billion, according to Chinese media reports citing insiders. Both Meituan and Mobike did not respond inquiries from China Money Network to confirm the news. Insiders say that the two parties are likely to announce the deal soon, but the talks could still fall apart. Last month, Meituan was reportedly leading a new financing round in Mobike. Meituan is rumored to …