Vertex Venture Holdings Limited, a wholly-owned subsidiary of Singapore's Temasek Holdings, has received US$600 million from its parent to invest in innovative technology start-ups in the U.S., Israel and China. In a news article posted on the firm's website, Vertex's chief executive Chua Kee Lock says the new venture fund will invest in healthcare, technology, […]

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 Internet video group Letv signed an agreement with the municipal government of Chongqing and China Bridge Capital to build an industrial base in Chongqing. The cooperation will include cloud computing, big data, smart device manufacturing, and finance. Letv said the detailed investment amount will be disclosed soon. Letv's scope of business covers seven sectors: […]

Hangzhou-headquartered Chinese auto parts maker Wanxiang Group Corporation plans to establish a US$50 million fund to invest in blockchain technology, according to Chinese media reports. The largest Chinese auto parts maker says it plans to make angel, seed, mid to late stage investments in blockchain technology, which involves a public ledger of all transactions recorded […]

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.