Beijing-based online automobile marketplace Autohome plans to raise $125.9 million through an IPO on the New York Stock Exchange. Autohome will sell 8.99 million American Depository Shares (ADS) at $12-14 apiece, according to a U.S. Securities and Exchange Commission filing. The company says it will use the proceeds to invest in technology and product development, […]

Visit ChinaMoneyNetwork.com for more great China Money Podcast audio and video Internet episodes covering important investment news and financial events in China, as well as daily news updates on important China business news happenings. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.

Beijing-based online food ordering and delivery platform Etaoshi says the company has received nearly $10 million of series A funding led by Highland Capital Partners, according to media report. Several Chinese domestic venture capital firms, who remain anonymous, also participated in the round. The company says it will use the proceeds to expand businesses in […]

Visit ChinaMoneyNetwork.com for more great China Money Podcast audio and video Internet episodes covering important investment news and financial events in China, as well as daily news updates on important China business news happenings. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.

Beijing-based online travel platform Breadtrip.com says the company has raised “tens of millions of U.S. dollars” in series B funding from China Broadband Capital (CBC). The exact amount was not disclosed. Breadtrip received $2 million in series A funding from Vertex Venture Holdings, a wholly-owned subsidiary of Temasek Holdings in March 2013, according to media […]

Visit ChinaMoneyNetwork.com for more great China Money Podcast audio and video Internet episodes covering important investment news and financial events in China, as well as daily news updates on important China business news happenings. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.

The author is Capital Economics' China economist Qinwei Wang China’s stock market rebounded strongly in the second half of November, as the comprehensive reform plan released following the Plenum seems to have eased fears of a sharp slowdown in the economy. Meanwhile, the People’s Bank of China has kept the onshore RMB exchange rate stable, […]

Visit ChinaMoneyNetwork.com for more great China Money Podcast audio and video Internet episodes covering important investment news and financial events in China, as well as daily news updates on important China business news happenings. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.

The author is Standard & Poor's primary credit analyst KimEng Tan We affirm the 'AA-' long-term and 'A-1+' short-term sovereign credit rating on the People's Republic of China. The outlook on the long-term rating is stable. The ratings on China reflect the country's strong economic growth potential, robust external position, and the government's relatively healthy […]

Visit ChinaMoneyNetwork.com for more great China Money Podcast audio and video Internet episodes covering important investment news and financial events in China, as well as daily news updates on important China business news happenings. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.

The author is ANZ Greater China chief economist Li-Gang Liu The People's Bank of China announced on its website this afternoon that it conducted short-term liquidity operations (SLOs) twice at the end of October when the 7-day repo rate hit 5.7%, to ease market liquidity tightness. This is the first batch of SLOs conducted by […]

Visit ChinaMoneyNetwork.com for more great China Money Podcast audio and video Internet episodes covering important investment news and financial events in China, as well as daily news updates on important China business news happenings. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.

You might have read headlines saying that Burberry had lost its trademark rights in China. Not quite. Yes, it is embroiled in a complicated, but familiar, trademark dispute with a competitor, but it’s a bit early to close the book on this one. The backstory here is that Burberry has been fighting with a Taiwanese […]

You might have read headlines saying that Burberry had lost its trademark rights in China. Not quite. Yes, it is embroiled in a complicated, but familiar, trademark dispute with a competitor, but it’s a bit early to close the book on this one. The backstory here is that Burberry has been fighting with a Taiwanese […]

You might have read headlines saying that Burberry had lost its trademark rights in China. Not quite. Yes, it is embroiled in a complicated, but familiar, trademark dispute with a competitor, but it’s a bit early to close the book on this one. The backstory here is that Burberry has been fighting with a Taiwanese […]

The Monetary Authority today issued an alert about a fraudulent website with the domain name www.kdbaonline.com, which looks similar to the official Korea Development Bank site.

The bank has clarified it has no connection with the fraudulent site, and has reported the case to Police.

Anyone who has provided personal information to the site, or conducted financial transactions through it, should contact the bank on 2524 7011 or Police.

Year-on-year falls of 4.2% and 4.8% were recorded in overall and violent crime in the first 10 months of this year, keeping Hong Kong’s law and order situation stable.

Briefing the media after attending today's Fight Crime Committee meeting, Secretary for Security TK Lai said there were decreases in cases of burglary (-16.4%), criminal damage (-13%), criminal intimidation (-12.9%), rape (8.9%), wounding and serious assault (-8.8%), and miscellaneous theft (-8.4%).

However, increases were recorded in cases of homicide (172.7%), blackmail (144.9%), deception (8.9%), and indecent assault (2.4%).

Mr Lai said the higher homicide figure was due to manslaughter charges made against the two coxswains involved in the Lamma Island ferry tragedy, in which 39 people died.

Meanwhile, serious drug offences rose 8.8%. Seizures of ecstasy-type tablets rose by 28 times, while that of ‘ice’, heroin and cannabis rose 117.9%, 28.8% and 17.4%. The amount of seized ketamine and cocaine recorded decreases of 72.3% and 70.2%.

The number of young people arrested aged 10 to 15 and 16 to 25 decreased by 16.1% and 13.2%. They mainly committed shop theft, miscellaneous theft, wounding and serious assault, and serious drug offences.

I'm not one of those people who says tha…

I'm not one of those people who says tha…