Chinese private equity and venture capital firm JD Capital has led a US$10 million investment in Shenzhen Nuokang Medical Equipment Co., a developer and manufacturer of continuous non-invasive blood pressure measurement equipment. The company plans to use the proceeds on upgrading its core technology and market expansion. "Shenzhen Nuokang has advanced technology and an experienced […]
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Meridian Capital China and Banyan Capital have led a US$28 million series C funding round in recruitment mobile app Bosszhipin, with participation from existing investors Capital Today and Shunwei Capital. The company says it plans to use the proceeds on developing new products, expanding its team and entering new global markets. "What we really like […]
Hony Capital has invested another HK$1.5 billion (US$193 million) in Hong Kong-listed handbag maker Lee & Man Handbags and potentially drove another deal betting on the Chinese restaurant sector. Lee & Man Handbags issued 1.27 billion five-year convertible bonds to Hony Capital, a disclosure filing shows, potentially increasing Hony's interest in the company to over […]
Postal Savings Bank of China Co. has raised US$7.4 billion in the world’s biggest initial public offering in two years, after pricing its shares at HK$4.76 apiece yesterday in Hong Kong. It is the biggest IPO globally after Alibaba Group Holding Ltd.'s US$25 billion offering in September 2014 on the New York Stock Exchange. But […]
FountainVest Partners has completed the final closing of its third fund, FountainVest China Capital Partners Fund III, L.P., with total committed capital of US$2.1 billion. Fund III was oversubscribed, and received strong support from its existing investors as well as a number of new high quality institutional investors including pension plans, sovereign wealth funds, insurance […]
China Integrated Circuit Industry Investment Fund has led a US$47 million series E funding round in Centec Networks, an Ethernet switching silicon and SDN white box solutions provider. Existing investor China Electronics Corporation also participated in the round via its China Electronics Innovations Fund. The company will use the proceeds to develop new products and […]
The frustrations for foreign companies doing business in China are on display in a new incident that shows how government …
Sharp and its new Taiwanese parent company Foxconn will jointly establish an intellectual property management company on October 3, 2016 …
iFlyTek Co., Ltd., a Shenzhen-listed Chinese software firm, has led a US$100 million investment in home service robot start-up ROOBO, while the two companies have also reached a strategic partnership, according to Chinese media reports. ROOBO plans to integrate iFlyTek's key technologies, including intelligent speech and language recognition, into its home service robots. No information […]