The US$500 million-under-management private equity investment firm CEE-Equity Partners Ltd, established by China Exim Bank in partnership with institutional investors from the Central and Eastern Europe, has committed around $78 million to renewable energy developer Polish Energy Partners (PEP), according to a document posted on PEP's website. The fund, established in 2014, has agreed to […]

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Asian private equity firm Baring Private Equity Asia says it has acquired a substantial stake in U.K.-based global lifestyle brand company Cath Kidston from its existing majority shareholder TA Associates and members of the company’s management team, according to an announcement made by Baring. Specific deal size and other details of the transaction were not […]

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The Police will launch a week-long city-wide campaign tomorrow, to promote safe cycling and take stringent actions against cycling offences.

Cyclists must obey all traffic laws which apply to drivers and are subject to the Road Traffic Ordinance. They should also take heed of other road users.

Common cycling offences include failing to comply with traffic signs or road markings, riding on the pavement, carrying another person, carrying any animal or article which obstructs the cyclist's view, and riding without lights.
 

Police have arrested a 39-year-old man for allegedly killing his 36-year-old brother in Kwun Tong.

The siblings’ mother called Police at about 3.17am today to report a fight between the brothers in a flat at Kui On House in Wo Lok Estate.

Officers found the younger brother with head injuries and sent him to hospital, where he was certified dead.

The elder brother is believed to have attacked his brother and was arrested for murder.

An autopsy will be conducted.

Police have arrested a 39-year-old man for allegedly killing his 36-year-old brother in Kwun Tong.

The siblings’ mother called Police at about 3.17am today to report a fight between the brothers in a flat at Kui On House in Wo Lok Estate.

Officers found the younger brother with head injuries and sent him to hospital, where he was certified dead.

The elder brother is believed to have attacked his brother and was arrested for murder.

An autopsy will be conducted.

The author is Russ Koesterich, chief investment strategist at BlackRock China's GDP growth in the second quarter rose by 2% quarter-on-quarter, versus expectations of 1.8%. It is also an improvement from the 1.5% quarter-on-quarter growth registered in the first quarter this year. On a year-over-year basis, China’s economy grew 7.5% in the second quarter from […]

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Beijing-based second-hand luxury products distributor and maintenance service provider Secoo.com has completed US$100 million series D financing, according to a company announcement. The round is led by China Media Capital. Existing investors IDG Capital, Ventech China, Crehol China, Vangoo Investment Partners also participated. Previously, Secoo.com received US$10 million series A from IDG Capital in 2010. […]

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Beijing-based diaper and baby formula e-commerce platform Miyabaobei.com has received US$20 million series B financing led by Sequoia Capital, according to Chinese media reports. Existing investors Zhen Fund and China Renaissance K2 Ventures also participated in the round. Sequoia Capital partner Zhou Kui will join Miyabaobei's board of directions post investment. Previously, Miyabaobei.com received several […]

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Shanghai-based Chinese wedding e-commerce platform Daoxila.com has completed tens of millions U.S. dollar series B financing led by Sequoia Capital and Fidelity Asia Ventures, according to a company announcement. The company previously received tens of millions U.S. dollar series A financing led by Fidelity Asia Ventures and New Access Capital in 2012. Daoxila.com says it […]

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Shanghai-based online game developer and operator Giant Interactive Group Inc. has competed a go-private deal by Baring Private Equity Asia, Hony Capital and CDH Investments, according to a company announcement. The buyer consortium, which also included Giant's chairman Shi Yuzhu, acquired shares at US$12 per American Depository Share (ADS), valuing the New York Stock Exchange-listed […]

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