NASDAQ-listed Chinese private medical service provider iKang Healthcare Group, Inc. has acquired Shanghai Huajian Health Checkup Center, according to Chinese news report. The deal size and specific details of the investment are not disclosed. Founded in 2008, Shanghai Huajian Health Checkup Management Co. currently operates three health checkup centers in Shanghai. IKang Healthcare Group, Inc. […]

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Shanghai-based Chinese online second-hand electronics recycling platform Aihuishou has completed US$8 million series B financing led by the International Finance Corporation (IFC), according to Aihuishou's official Sina Weibo. Aihuishou previously received US$2 million in series A financing in 2012 from Morningside Venture, which also participated in the latest series B round. The proceeds will be […]

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The author is Tian X. Hou, founder and CEO of Chinese equity research firm T.H. Capital In the second quarter, the number of daily online job postings increased 18.6% year-on-year for 51Job Inc., and 14.4% for Zhaopin Limited. Both growth rates were slower than the first quarter, when the two companies experienced growth of job […]

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The International Finance Corporation (IFC) is seeking to raise US$750 million to US$1 billion for a global emerging market fund-of-funds to invest in private equity funds in the emerging market space. The fund, named IFC Global Emerging Markets Fund, will make equity investment of up to US$150 million within required total capital commitments, according to […]

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China's GDP growth expanded to 7.5% in the second quarter from 7.4% in the first quarter this year due to pro-growth fiscal policies and improving external demand, according to China's National Bureau of Statistics. The GDP growth sightly beats market expectations of 7.4%. But the downside risks still remain, especially in the sluggish property sector, […]

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Anyone interested in this issue will have to read this paper, posted last month on the AEI web site [HTML | pdf]. Prof. Jacobs is skeptical and explains why in detail.

Commissioner of Customs & Excise Clement Cheung has led a delegation to the annual review meeting with the General Administration of Customs in Beijing.

It was the 14th annual meeting between the Hong Kong and China Customs since the signing of the Customs Co-operative Arrangement in 2000.

The meeting reviewed the co-operation between the two sides on trade facilitation, anti-smuggling, anti-narcotics, and staff training last year, and mapped out a co-operation plan for the coming year.

The two sides identified areas for more co-operation, including training and exchange, expediting customs clearance and electronic customs seals to improve clearance efficiency.

They also agreed to reinforce intelligence exchange and conduct joint operations to combat smuggling activities, and strengthen co-operation on control measures over the Rules of Origin under the Closer Economic Partnership Arrangement.

A Mainland woman was sentenced to 20-months' jail today at Sha Tin Magistracy for lying to an immigration officer about her pregnancy.

While entering Hong Kong as a visitor at Lok Ma Chau Spur Line Control Point, the 34-year-old told an immigration officer she was not pregnant.

She then went to a public hospital to give birth without a booking.

Shenzhen-based Chinese real estate trading platform www.Fangdd.com has completed US$80 million series B financing, according to media reports. Vision Knight Capital China Fund, Lightspeed China Partners and CDH Venture Partners participated in the round. Fangdd.com previously received RMB50 million in series A financing from CDH Venture last July. Proceeds from the latest round will be […]

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