Shanghai-based Chinese health checkup clinic network Meinian Onehealth Healthcare (Group) Co., backed by the Carlyle Group, plans to list on the Shenzhen Stock Exchange via a reverse merger with Jiangsu Sanyou Group, according to a regulatory filing. Jiangsu Sanyou is to acquire 100% of Meinian Onehealth through share swap and new share issuance worth around […]

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 Yuantiku has completed US$60 million series D financing led by CMC Capital Partners and New Horizon Capital, according to Chinese media reports. Existing investors, Matrix Partners China and IDG Capital Partners, also participated in the round. The latest round reportedly values the company at US$360 million. The team behind Yuantiku previously […]

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 17zuoye.com has completed US$100 million series D financing led by H Capital, according to a company announcement. Singapore's Temasek Holdings, DST Global, and Shunwei Capital also participated in the round. Founded in 2011, 17zuoye.com previously received angel funding from Chinese entrepreneurs and angel investors Wang Qiang and Xu Xiaoping in 2011, […]

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 Australia and New Zealand Banking Group Limited (ANZ) has made a number of senior appointments in its RMB banking and trading teams, in an effort to support growing volumes of RMB denominated cross-border financing activities, according to a company announcement. Lucy Chen has been recruited as global head of RMB transaction banking, a new […]

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.

Police have arrested a minibus driver after a wheel flew from his vehicle and fatally struck a pedestrian in Kwun Tong.

The accident happened on Kwun Tong Road about 9.40am today.

The 44-year-old woman victim was sent to United Christian Hospital where she was certified dead.

The 42-year-old male driver was arrested for dangerous driving causing death.

Witnesses should call investigators on 2305 7500.