Chinese search engine Baidu Inc. says it plans to spin off its online education platform Zuoyebang, which has already secured an undisclosed series A funding from Sequoia Capital and Legend Capital, according to Chinese media reports. The move is part of Baidu's strategy to make its various new businesses independent and open them to outside […]

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 search engine Baidu Inc. says it plans to spin off its online education platform Zuoyebang, which has already secured an undisclosed series A funding from Sequoia Capital and Legend Capital, according to Chinese media reports. The move is part of Baidu's strategy to make its various new businesses independent and open them to outside […]

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 conglomerate HNA Group has agreed to acquire Dublin-based aircraft leasing and management services provider Avolon, backed by private equity firms Oak Hill Capital, CVC Capital and Singapore sovereign wealth fund GIC, for approximately US$2.6 billion, according to a company announcement. The deal, which carries an enterprise value of US$7.6 billion, comes after Avolon rejected […]

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 conglomerate HNA Group has agreed to acquire Dublin-based aircraft leasing and management services provider Avolon, backed by private equity firms Oak Hill Capital, CVC Capital and Singapore sovereign wealth fund GIC, for approximately US$2.6 billion, according to a company announcement. The deal, which carries an enterprise value of US$7.6 billion, comes after Avolon rejected […]

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.

Tian X. Hou, founder and CEO of T.H. Capital, tells China Money Podcast host Nina Xiang that U.S.-listed Chinese healthcare companies should consider returning to the Chinese domestic stock market as their listing venue. Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events 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.

Tian X. Hou, founder and CEO of T.H. Capital, tells China Money Podcast host Nina Xiang that Qihoo 360 Technology Co.'s US$9 billion take-private transaction will go through at a reduced price. Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow […]

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.

Tian X. Hou, founder and CEO of T.H. Capital, tells China Money Podcast host Nina Xiang that despite the market correction in China and the government's temporary suspension of the IPO market, most U.S.-listed Chinese companies with plans to go private should try to proceed to complete the transactions. Visit ChinaMoneyNetwork.com for more daily finance […]

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.

Tian X. Hou, founder and CEO of T.H. Capital, tells China Money Podcast host Nina Xiang that even though some U.S.-listed Chinese companies are pursuing go-private deals for short-term profits, but the current wave of privatization deals will be beneficial for China's stock market in the long term. Visit ChinaMoneyNetwork.com for more daily finance news, […]

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.

Tian X. Hou, founder and CEO of T.H. Capital, tells China Money Podcast host Nina Xiang that for big Chinese Internet companies listed in the U.S. such as Baidu and Sina, they should consider listing its new businesses branches domestically. Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important […]

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 author is Scarlett Li, consultant at Daxue Consulting As more and more Chinese consumers possess mobile phones, the app market in China is growing rapidly. Today, there are about 1.29 billion mobile users in China, and app stores in China account for two thirds of the world’s app downloads. There are some distinctive characteristics […]

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 author is Scarlett Li, consultant at Daxue Consulting As more and more Chinese consumers possess mobile phones, the app market in China is growing rapidly. Today, there are about 1.29 billion mobile users in China, and app stores in China account for two thirds of the world’s app downloads. There are some distinctive characteristics […]

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.

Customs and Police officers shut down a syndicate selling counterfeit goods and arrested a 32-year-old woman following a raid on a showroom in Mong Kok on September 2.

They seized more than 2,500 products including leather goods, watches, apparel, sunglasses and accessories worth about $500,000.

The Trade Descriptions Ordinance prohibits the sale and possession for sale of goods with a forged trademark. The maximum penalty is a $500,000 fine and five years' imprisonment.

Call 2545 6182 to report counterfeiting activities.

Customs officers found 900g of heroin worth $650,000 at Hong Kong International Airport today.

The drugs were found in a parcel from Malaysia to Canada via Hong Kong that was declared as "Candle Holder & Small Plate".

The drugs were hidden inside placemats.

Drug trafficking is a serious offence that carries a maximum penalty of life imprisonment and a $5 million fine.

Customs officers seized 24kg of cut ivory pieces worth $240,000 from a parcel at Hong Kong International Airport on September 2.

The parcel, declared as "Decorative Tiles", was sent from Zimbabwe, via Amsterdam.

The case has been handed to the Agriculture, Fisheries & Conservation Department.