Chinese private equity firm CDH Investments is to make a full exit from NASDAQ-listed Chinese online insurance service provider CNinsure Inc. by selling back all the American Depositary Shares (ADS) it holds back to the company's management team for a total price of US$54.1 million, according to a company announcement. CDH Investments plans to sell […]

Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.

London-headquartered private equity firm CVC Capital Partners says it has completed three exits in Taiwan, Japan, and the Philippines during December 2014, returning approximately US$1 billion in capital to limited partners (LPs), and bringing CVC Asia's total capital return to investors in 2014 to US$2 billion, according to a company announcement. On December 15, 2014, […]

Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.

Shenzhen-based Chinese Internet finance firm WeLab has completed US$20 million series A financing from DST Global, an investment firm founded by Russian businessman Yuri Milner, San Francisco-based investment advisor Iconiq Capital, Hong Kong-listed Chinese media conglomerate TOM Group and Sequoia Capital, according to a company announcement. The proceeds will be used to expand the company's market […]

Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.

Global law firm Ropes & Gray LLP is has appointed Eduard Sheremeta as a partner in the firm's Hong Kong office, in an effort to enhance its global real estate investments and transactions practice, according to a company statement. Sheremeta has nearly 15 years of experience in real estate law in Asia, including China and […]

Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.

Hong Kong-based mobile logistics booking platform Lalamove has received US$10 million series A financing led by Chinese venture firm Crystal Stream Capital, according to the official LinkdIn page of Lalamove's CEO Chow Shing-yuk. Geek Founders, Mindworks Ventures, Sirius Venture Capital, Aria Group and other undisclosed individual investors also participated in the round. The proceeds will […]

Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.

Six Chinese insurance companies have won approval to raise a private equity fund to support the financing needs of Chinese small and medium enterprises (SMEs) and micro-enterprises, according to a company official announcement. The fund, with an initial registered capital of RMB100 million (US$16 million), will be the first domestic private equity fund established and […]

Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.

China's venture capital industry drew a close to another strong year. In 2014, a total of 504 venture capital financing deals were announced in the Greater China region, up 15% from a year earlier. Total transaction value reached US$12.8 billion, up 212% compared to 2013, according to data tracker Preqin. Globally, a total of 7,474 […]

Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.

Can China's stock market rally continue in 2015? Nomura believes it will, and the bull market may last much longer than most people expect, says the bank's researchers in a new report. Noumra expects that by the peak in 2017, the MSCI-China index will see 60% upside from the level at the end of 2014, […]

Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.

The Chinese university department that attracted attention last month for banning Christmas apparently believes its decision was vindicated by the New Year’s Eve stampede in Shanghai that left three dozen dead, many of them students. In statement dated Jan. 2nd and published on the website of Modern College of Northwest University in Xi’an, representatives of […]

The Next Chinese Economy by Zhang Monan – Project Syndicate bit.ly/1ApL5AO — is rebalancing actually moving ahead? © @chinahearsay for China Hearsay, 2015. | Permalink | No comment | Add to del.icio.us Post tags:

Li Ruigang, chairman and president of Chinese media conglomerate the Shanghai Media Group, has been removed from the position as president, according to an official document issued by the Shanghai municipal government on December 28, 2014. The state-owned media group's executive director Wang Jianjun will take over as president. The document did not say the […]

Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.

What Will Happen to Uber in China? | Tea Leaf Nation bit.ly/1xxygVt — no way a foreign firm can do this in China successfully © @chinahearsay for China Hearsay, 2015. | Permalink | No comment | Add to del.icio.us Post tags:

Talking On The Phone During Flight Lands Chinese Woman in Jail | The Nanfang bit.ly/13UV05x — now let’s enforce the seat belt rule! © @chinahearsay for China Hearsay, 2015. | Permalink | No comment | Add to del.icio.us Post tags: