The resurgence of non-bank-loan financing in December might suggest Chinese financial regulators have eased their grip on shadow banking activities in an effort to support growth, according to a BofA Merrill Lynch Global Research report. In December, new loans surprised on the downside while total social financing (TSF) surprised on the upside. The RMB697 billion […]

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.

Shanghai-based P2P (peer to peer) lending platform DianRong says it has received a new round of financing from New York-based investment firm Tiger Global Management LLC, according to a company announcement. No details of the financing round are disclosed, but media reports say it could be worth tens of hundreds of million U.S. dollars. Founded […]

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 largest state-owned asset management firm China Huarong Asset Management Co., Ltd. is planning to raise as much as US$3 billion in a Hong Kong initial public offering, according to media reports. The move came after regulators approved in August 2014 to let China Huarong to sell a 20.98% stake to a consortium of eight investor […]

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 new RMB loans reached RMB697.3 billion in December, lower than market consensus of RMB880 billion, according to data released by the People’s Bank of China. The total social financing aggregate number came in higher than expected in December, at RMB1.69 trillion, compared with RMB1.15 trillion in November. Outstanding total social financing rose to 15.8% […]

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.

Chinese e-commerce giant Alibaba Group Holdings is planning to acquire a controlling stake in integrated Internet advertising platform AdChina Limited to expand its footprint in the digital advertising space, according to an official announcement AdChina posted on its Weibo account. No transaction details are disclosed. In 2012, AdChina filed for an IPO on the NASDAQ […]

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.

Shanghai-based hotel group Jin Jiang International Holdings Co., Ltd.'s planned acquisition of France-based Groupe du Louvre and its 100% indirect subsidiary Louvre Hotels Group from Starwood Capital Group has won the approval of Jin Jiang's board of directors, according to a regulatory filing. The deal, valued at €1.2 billion (US$1.49 billion), was first announced in […]

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.

Beijing-based online education platform XueXiBao has completed US$20 million series B financing led by SoftBank China Venture Capital, according to Chinese media reports. Existing investors GSR Ventures also participated. The company says it will use the proceeds on product development and expansion. Launched in May 2014, XueXiBao provides test preparation database for middle and high […]

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 State Council has decided to establish a state venture capital fund with as much as RMB40 billion (US$6.5 billion) in capital to help support innovation and to upgrade its industrial sectors, according to a statement posted on the Chinese government's official website. The fund will utilize capital from the central government's fiscal budget 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.

Hangzhou, Zhejiang province-based Chinese taxi and private car hailing app maker Kuaidi Dache has completed US$600 million series D round of financing led by SoftBank Group, with participation from existing shareholders, Alibaba Group Holdings and Tiger Global Management LLC, according to a joint announcement. The financing round, which was speculated to be US$800 million, was […]

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.

While the Chinese government has never accepted the principle of separation of powers, it has (in the post-Mao era) allowed a space for a limited conception of judicial independence. In that conception, the courts as an institution should be independent…