Guangzhou-based cancer diagnostic start-up Burning Rock Biotech has completed RMB150 million (US$23 million) series A+ round of funding from Jifeng Capital, Sequoia Capital and Legend Star, according to a company announcement. The company says it will use the proceeds on its research and development efforts, as well as developing new products to meet patient demand. […]

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David Ji, director, head of research and consultancy of Greater China at property consultancy Knight Frank, says China's ghost cities are not a problem of oversupply. 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 […]

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.

David Ji, director, head of research and consultancy of Greater China at property consultancy Knight Frank says real estate in China relating to the country's new economy are still attractive. 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 […]

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.

David Ji, director, head of research and consultancy of Greater China at property consultancy Knight Frank says the Chinese property market is stabilizing and in early recovery stage. 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 […]

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.

Secretary for Justice Rimsky Yuen says the Justice Department will review the evidence collected by Police before deciding on whether to prosecute mobile car hire application Uber.

Speaking to reporters before departing for Beijing this morning, Mr Yuen said Police had sought legal advice from the department before making arrests last week.

The justice chief also refuted claims that the Government had singled out a particular company while letting others go, adding that there would be no issue if Uber complied with the laws of Hong Kong.

The Fire Services Department launched its Fire Safety Education in Kindergarten Programme in 2011 and since then, more than 2,300 fire safety talks have been delivered to more than 140,000 children.

At the start of the programme, 184 fire services staff had signed up to become Fire Safety Educators, but that number has grown to 600.

After receiving training, they visit kindergartens a couple of times a month on their days off to teach kids important fire safety practices.

The lesson lasts for about an hour and during that time children play games, watch slideshows and sing songs introducing a fireman's work and equipment.

The preschoolers also learn about what items they must take when there is a fire, such as a mobile phone, a towel and keys.

The students also get the chance to try on a fireman's uniform.

Vounteer Chan Yee-leung finds it rewarding to see the children having fun while learning, and it helps him forget about work stress as well.

The principal of one of the participating kindergartens, May Hon believes the interactive and fun learning approach has successfully captured the young students' attention, which has encouraged her to apply for more talks to be held at the school in the future. 

Beijing-based online travel firm Shijiebang.com has completed an undisclosed series B round of financing led by Sina Weibo, according to a company announcement. Other undisclosed investors also participated in the round, which some Chinese media reports say is worth tens of millions U.S. dollars. As part of the funding round, Sina Weibo and Shijiebang.com have […]

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China's Lenovo Group announced that they will cut about 3,200 non-manufacturing employees worldwide. Lenovo announced this decision in its financial report for the first quarter of the 2015/16 financial year. The company said facing the dramatic decline of PC sales, Lenovo Group must continue to improve effectiveness and cut expenses. They will reduce about 3,200 […]