China Private Real Estate Investment Roundtable 2016, organized by China Money Network, will feature the country’s most successful private real estate investors. Register now to get access to leading deal makers from Kai Long Fund, Everbright Ashmore, CITIC Capital, V Capital and more. Network with other attendees from top Chinese investment firms and real estate […]
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 sharing economy including platforms like Uber, Airbnb and TaskRabbit, will see the total revenues of the sector triple to US$20.4 billion by 2020, from US$6.4 billion in 2015, according to a new research report by Juniper Research. The expansion of sharing services into emerging markets and continued growth in more established regions will drive […]
Chinese banks will soon embark on the path of managing its bad loans with securitization, as Bank of China and China Merchants Bank revealed plans to issue asset-backed securities (ABS) next week. The issuance will be the first such deal since 2008, as Chinese regulators are increasingly promoting the ABS market as a way to […]
China’s State Council has appointed Zhang Tao as deputy governor of the country’s central bank, according to an official announcement on its website today. The appointment is to prepare for Zhang Tao to replace Zhu Min as the deputy managing director of the International Monetary Fund in July, says Caixin Media. If true, Zhang will […]
Even though Apple Inc. still shies away from publicly acknowledging its ambitions to build a car, Chinese Internet giants are all-in on the hottest sector of the future: smart vehicles. Baidu Inc. established a self-driving business unit in December 2015. The Chinese search engine firm has set a goal of reaching commercial application of its […]
Neil Shen, founding managing partner of Sequoia Capital China, Hugo Shong, founding partner of IDG Capital Partners, and Hony Capital’s chief executive officer John Zhao are among dozens of well-known venture and private equity fund managers given exceptional certifications without having to pass a required official qualification exam. The Asset Management Association of China (AMAC) […]
Fosun Group appears to be back in a shopping mood as its founder Guo Guangchang makes a high profile public appearance on China’s central television station. Yesterday, Shanghai Fosun Pharmaceutical (Group) Co. made a non-binding proposal to acquire KKR-backed Gland Pharma in India for up to US$1.5 billion, in the first major move after Guo […]
In a new book, Chinese Internet giant Tencent Holdings Ltd.’s founder and chief executive officer Pony Ma offers his thoughts on the sharing economy in China. Tencent Research Institute published a summary of the book today. Here are the main points. – China’s sharing economy is entering into a golden development stage As of the […]
Buyout deal value in Asia Pacific’s healthcare sector reached new records to US$4.9 billion last year. Private investments in public equities (PIPEs) also surged to nearly US$1 billion, almost double the US$575 million total in 2014, according to the fifth annual Global Healthcare Private Equity and Corporate M&A Report from Bain & Company. But as […]