China’s new RMB loans rose to RMB1.05 trillion in September, above market expectations and compared with RMB809.6 billion recorded in August. For the third quarter as a whole, new loans surged to RMB3.34 trillion, compared with RMB2.88 trillion in the second quarter 2015 and RMB1.94 trillion in the third quarter 2014. The increase is partly […]

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China’s new RMB loans rose to RMB1.05 trillion in September, above market expectations and compared with RMB809.6 billion recorded in August. For the third quarter as a whole, new loans surged to RMB3.34 trillion, compared with RMB2.88 trillion in the second quarter 2015 and RMB1.94 trillion in the third quarter 2014. The increase is partly […]

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.

Rong360.com, a Beijing-based financial products search and recommendation engine, has completed US$1 billion series D round of financing led by Yunfeng Capital and SAIF Partners, the start-up announces in Beijing. Sequoia Capital, Star VC and other unnamed investors also participated in the round, which values the four-year-old company at US$1 billion, says the company's founder. […]

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Alibaba's cloud computing business Aliyun announced that its second data center in America's Silicon Valley formally started operation yesterday. This is Aliyun's ninth data center in the world and it is also the company's third overseas data center opened this year. It is expected to satisfy the cloud computing resource demand of Aliyun's users in […]

Chinese healthcare-focused private equity fund ZY Investments has signed an agreement with Shenzhen-listed Sundiro Holding Co., Ltd and the company's chairman to jointly establish a healthcare investment fund. The vehicle, named ZY Sundiro Healthcare Industry M&A Investment Fund L.P., has a fundraising target of RMB3 billion (US$473 million), says a securities filing. The fund will […]

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