Zhejiang Geely Holding Group, the Chinese automaker that owns Volvo and Lotus, said on Tuesday that it has sealed an agreement with Chinese state-owned high technology firm China Aerospace Science and Industry Corp (CASIC) to jointly develop “supersoni……

Chinese early-stage venture capital firm Linear Venture announced on Monday that it has completed its phase III dual-currency fundraising, collecting nearly RMB500 million (US$72.53 million) for a RMB-denominated fund and US$70 million for a USD-denomi……

Shunwei Capital, which counts Xiaomi founder Lei Jun as a co-founder, has raised US$1.21 billion for its fourth fund, the firm announced today. The new fund brings the firm’s total asset-under-management to US$2.96 billion across four US Dollar f……

The United States Justice Department has charged two companies based in Taiwan and China and three individuals of conspiring to steal trade secrets, related to research and development of memory storage devices, from US semiconductor company Micron Tec……

Royole Corporation, a Chinese manufacturer of rollable displays and smart devices, has unveiled world’s first commercial foldable device that can be bent and rolled to serve as a mobile phone and tablet at an event in Beijing on Wednesday.  The p……

Chinese bike sharing firm Ofo is preparing a bankruptcy proceeding as its liquidity crisis worsened, Chinese media outlet Jiemian reported today citing a leaked document. In a statement, Ofo denied such claim and called the report “ridiculous”. But acc……

Chinese internet giant Tencent Holdings Limited has filed a lawsuit against the copycat of its messaging app WeChat for “unfair competition dispute”, demanding RMB10 million (US$1.43 million) in compensation. Tencent, which derives two-thirds of its re……

Chinese online stock brokerage Tiger Brokers, a company backed by Chinese smartphone manufacturer Xiaomi, is planning a U.S. initial public offering (IPO) that could raise about U$200 million, according to Bloomberg citing people with knowledge of the ……

Chinese fintech firm 360 Finance, a spin-off from the country’s security products provider Qihoo Technology, has filed an application with the US Securities and Exchange Commission (SEC) to raise up to US$200 million in an initial public offering……

YunZhangFang.com, a corporate finance and tax management software-as-a-service (SaaS) provider, today announced that it has raised RMB300 million (US$43 million) in series C round of financing led by Hillhouse Capital. The latest round of financing has……