New York Stock Exchange-listed China Cord Blood Corporation, in which KKR & Co. L.P. has made an investment, has received a counter offer from Chinese mall operator Nanjing Xinjiekou Department Store Co., Ltd. to take the company private, according to an announcement. The Shanghai-listed mall operator proposes to acquire all of China Cord Blood Corporation's […]

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Customs officers have arrested a 41-year-old man for distributing pirated television shows via peer-to-peer (P2P) file-sharing software online.

The Customs & Excise Department recently received a complaint about the distribution of pirated TV shows via P2P seed files on a discussion forum for people to download.

Investigators found the source to be from a local address, and the seeds were distributed on another discussion forum located overseas.

Customs officers yesterday raided a home in Sheung Shui and arrested the man, and seized TV recording and computer equipment worth $18,000.

He has been released on bail.

Beijing-based CASH Capital, a venture investment unit launched by the Chinese Academy of Sciences Holdings Co. (CASH Holdings), has launched its second fund to invest in the TMT (technology, media, telecom) and life sciences sectors, according to an announcement posted on the parent company's website. The RMB-denominated vehicle reportedly has a fundraising target of as […]

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Shenzhen-based smart home device maker Orvibo has completed RMB78 million (US$13 million) series A+ round from Legend Star, a Chinese incubator program launched by Legend Holdings, Tiger Cub Equity Investment Fund, Taiwanese fabless IC maker MediaTek Inc., and other unnamed investors, according to Chinese media reports. The company says it will use the proceeds to […]

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The New York Times recently carried a story confirming a long-standing rumor that Ling Wancheng, brother of the toppled top aide to China’s former top leader, Hu Jintao, was living in the United States. Apparently China wants him back in…

With the kind permission of the author, I'd like to share Kerry Brown's take on how this whole mess might have happened: I worked as the Head of Policy at UK Visas for six months in 2005. It was my…

Over the last month or so, the Chinese a…

I last blogged about this case in August 2014, when Peter Humphrey and Yu Yingzeng were convicted and sentenced in Shanghai on charges of unlawful acquisition of personal information of citizens. I had some preliminary comments on the case based…