Category: News

China Crowdfunding Platforms Raised $1.7B In 2015

A total of RMB11.4 billion (US$1.7 billion) have been raised via crowdfunding platforms in China in 2015, up over four times compared to the year before. The number is, however, only a quarter of the RMB49.5 billion (US$7.5 billion) that was expected to be raised for the year, according to data from Wangdaizhijia.com, a Chinese […]

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Venture And PE Investments In China’s Clean Tech Firms Declined In 2015

A total of 41 venture and private equity investment deals in Chinese clean tech companies with aggregate deal value of US$1.2 billion were recorded for 2015, down 16.3% and 27.4% from the year earlier, respectively, according to data from ChinaVenture. But mergers and acquisition deals were active for the past year, with 568 transactions with […]

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China’s Exports Grew 2.3%, Imports Fell 4% In December

China’s exports rebounded to grow 2.3% year-on-year in December, much higher than the 3.7% drop in November and market consensus of a 4.1% contraction. Imports contracted 4.0% in December, from a decline of 5.6% in November, due to lower commodity prices. As exports rebounded strongly, the trade surplus widened to a sizable RMB382.1 billion, or […]

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Shenzhen Joins Shanghai In Suspending Online Lending Company Registration

Shenzhen has joined Shanghai to tighten regulation and supervision over local P2P (peer-to-peer) platforms after numerous scandals emerged where individual investors suffered losses from shady P2P start-ups. The Chinese government has recently publicized a draft regulation to regulate and strengthen supervision over information intermediaries engaged in online lending. Shenzhen officials told Chinese media that the […]

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Greater China Hedge Funds Up 3.46% In December, Return 12.08% For 2015

Hedge funds investing in the Greater China region posted their fourth consecutive month of gains and were up 3.46% in December. For the whole year, China-focused hedge funds posted returns of 12.08%, outperforming the CSI 300 Index by 6.5% in 2015, according to data released by Eurekahedge. On a year-to-date basis, Asia ex-Japan mandated hedge […]

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Asia Is The Least Ugly Emerging Market For Now

Asia’s economic prospects have deteriorated, but the deterioration has been far less than in most other big emerging market economies. Therefore, Asia is the least ugly emerging market out there, at least for now, says a research report by Nomura. The bank expects China to face a steady structural slowdown in growth, but do not […]

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Qunar Is To Sell Significant Minority Stake To Investors

Existing shareholders of Chinese online travel search engine Qunar are to sell a significant minority stake of Qunar to several unnamed non-U.S. investment entities, says a release issued by Ctrip.com International Ltd. The news follows a quasi-merger announcement between Ctrip and Qunar last October, when Baidu Inc. led a major share swap transaction valued at […]

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China State Council Sets Up A Separate Financial Affairs Office

China’s State Council has created a new department to coordinate financial and economic affairs, in an effort to streamline the government’s oversight and management of the country’s financial markets, according to media reports. The Chinese cabinet has upgraded its financial department to bureau level, and tasked the new entity to provide administrative coordination among China’s […]

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Ballooning Emerging Market Corporate Debt Will Not Bring Meltdown

The large capital inflows to emerging markets since 2008 have only led to a limited build-up in private debt, except in China. Even in the country where debt level has ballooned the most, there will not be a financial meltdown, says a research report by AXA Investment Managers. Emerging market companies had issued an estimated […]

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Wanda To Acquire Legendary Entertainment For $3.5B

Dalian Wanda Group says it has agreed to acquire U.S. movie studio firm Legendary Entertainment for US$3.5 billion in cash, in the fourth largest acquisition of a U.S. company by a Chinese buyer on record. Last week, media reports emerged about the deal. The reports said that Wanda was to acquire over half of Legendary […]

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