Sha Tin District launched a fight crime publicity programme today, which included a youth sharing session and a carnival featuring outstanding Police officer and good citizen awards.

Former Police Commissioner Dick Lee was an officiating guest at the event. He led a group of youths on a visit to Ma On Shan Police Station this morning, to help deepen their understanding of Police work and build mutual confidence.

Mr Lee also shared his experience of working in the force with the youths and encouraged them to strive and achieve their goals.

The carnival was co-organised by the Sha Tin District Fight Crime Committee and the Sha Tin District Office, with the help of the Police.

Other guests included Sha Tin District Officer Cora Ho, Sha Tin District Council Chairman Ho Hau-cheung, Vice-Chairman Pang Cheung-wai, and Sha Tin Police District Commander Evelyn Lam.

Although 2014 was the strongest year of private equity investments since the global financial crisis, the majority of private equity fund managers are looking to invest even more this year, potentially setting 2015 for another banner year in terms of private equity investments, according to a report by data tracker Preqin. After interviewing 260 private […]

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Horizons Ventures, a private investment arm of Hong Kong Billionaire Li Ka-Shing, has led a US$23 million series A financing round for Portola Valley, California-based augmented reality hardware and software company Meta, according to an official announcement. Veteran venture capitalist Tim Draper, BOE Optoelectronics, Y-Combinator Partners, Danhua Capital, Commodore Partners, Zappos' founder Tony Hsieh’ Vegas […]

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Chinese e-commerce giant Alibaba Group Holdings has reportedly invested US$10 million in Santa Monica, California-based gaming console operator Ouya Inc., according to media reports. The proceeds will be used to incorporate Ouya’s software and database of over 1,000 games into Alibaba’s set-top box. Founded in 2012 by Julie Uhrman , Ouya is a new kind […]

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A 28-year-old man was killed and a 55-year-old taxi driver was arrested for dangerous driving causing death following an accident in Mong Kok this morning.

At about 4am, the taxi was travelling along Nathan Road towards Tsim Sha Tsui. When it approached 601 Nathan Road, it hit the man who was crossing the road.

He was rushed to Kwong Wah Hospital with serious injuries, where he later died.

Witnesses should call Police on 2773 5200 or 2773 5258.

Asia-focused alternative investment management firm Hillhouse Capital Management has led US$50 million series B financing round in Indian automobile classified ads web platform CarDekho.com, according to a company announcement. Tybourne Capital and Sequoia Capital also participated in the round, which increased the valuation of CarDekho's parent company, Girnar Software, to approximately US$300 million. "We see […]

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Hong Kong-listed China Traditional Chinese Medicine Co. Limited has agreed to acquire 81.48% of Jiangsu province-based Jiangyin Tianjiang Pharmaceutical Co., Ltd., which is backed by China International Capital Corporation (CICC), according to a company announcement. The cash transaction, which would allow two CICC funds to make an exit from its investment in Tianjiang Pharmaceutical, is […]

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Chinese Internet giant Tencent Holdings Limited plans to acquire Chinese online gaming portal 17173.com from NASDAQ-listed online game operator Changyou.com Limited for US$1 billion, according to unverified Chinese media reports. Upon completion of the transaction, Games.qq.com, the online gaming media of Tencent's official website, will merge with 17173.com and integrate the latter's human resources to […]

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Back in 2002, the China scholar (and my …

Shanghai-based online food ordering site Ele.me announces that it has raised US$350 million series E financing led by CITIC Private Equity, according to its official Weibo account. Tencent Holdings Limited, Chinese e-commerce platform JD.com Inc., online review platform Dianping.com, and Sequoia Capital also participated in the round. Earlier in January, there has already been media […]

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Shanghai-based online food ordering site Ele.me announces that it has raised US$350 million series E financing led by CITIC Private Equity, according to its official Weibo account. Tencent Holdings Limited, Chinese e-commerce platform JD.com Inc., online review platform Dianping.com, and Sequoia Capital also participated in the round. Earlier in January, there has already been media […]

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Shanghai-based online overseas shopping platform yMatou.com has completed US$100 million series B financing from Sailing Capital International, according to an announcement on its Weibo account. The company previously received an undisclosed amount of series A financing from SAIF Partners in January 2014, seen from an internal email letter sent by Zeng Bibo, yMatou's CEO. The […]

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Taiwan’s National Development Council (NDC) announced on January 23 that it plans to invest a total of US$83 million in four venture capital firms, hoping to spur growth for innovative start-ups and technology development for the island, according to a government filing. The NDC will invest US$15 million in 500 Startups III, L.P., a micro […]

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Shanghai-based mobile game media platform Youxiduo.com has received over RMB100 million (US$16 million) series B financing led by Fortune Venture Capital Co.Ltd., according to an announcement on its Weibo account. The company previously received millions of RMB series A financing from undisclosed investors in January 2014. Launched at the end of 2012, Youxiduo.com operates a […]

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Beijing-based carpool mobile app maker Ttyongche has received approximately US$10 million series B financing from Sequoia Capital, according to Chinese media reports. The company previously received US$3 million series A financing from Innovation Works in June 2014. Launched in July 2014, the app has expanded from Beijing to other major cities including Shanghai and Hangzhou […]

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Alibaba Group Holdings, the New York Stock Exchange-listed Chinese e-commerce giant with US$256 billion in market capitalization, may have registered another quarter of rapid growth during the last three months of 2014, says a report by equities research firm, T. H. Capital. Gross merchandise volume of Alibaba's Tmall may have grown 71% year-on-year to RMB312 […]

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Secretary for Justice Rimsky Yuen says there is room for further amending the method of selecting the Chief Executive by universal suffrage after 2017 according to Hong Kong’s actual situation.

He told reporters today that this has been the stance of both Hong Kong and Central Government officials, and it is also provided for in the Basic Law’s Annex.

Mr Yuen reiterated that the proposal for the 2017 CE election arrangements is not, as some people worry, an ultimate arrangement which cannot be changed.

The New York Times has a report today about a merger between Dentons and Dacheng, a Chinese law firm. According to the report, "[l]ike a number of other large law firms, the partnership will be structured as a Swiss verein,…

The Chinese public interest group Yirenping is seeking summer legal interns. Fluent Chinese is not a requirements; they have different jobs depending on Chinese language skills. For more details, see this informative announcement. The application dead…

Beijing-based community e-commerce O2O (online-to-offline) platform HuiMin.cn has received series A financing of close to US$100 million from Shenzhen Fortune Venture Capital, GP Capital, CITIC Private Equity, ZheShang Venture Capital, and other unnamed investors, according to a company announcement. Founded in 2012 and officially launched in May 2013, HuiMin.cn's platforms connect hundreds of thousands of […]

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Asia-focused alternative investment management firm Hillhouse Capital Management has led a US$40 million round in Saltside Technologies, an operator of online classified ads platforms in Bangladesh, Sri Lanka and Ghana, according to a company announcement. New investors, Stockholm-based investment firm Brummer & Partners, as well as existing investor, Investment AB Kinnevik, also participated in the […]

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