MBK Partners' founding partner Kuo-Chuan Kung

Ex-MBK co-founder launches new buyout fund Nexus Point Partners


Kung will also be joined by Richard J Wong and Min Li.

Vanke helped in power struggle as ally Shenzhen Metro gains more clout

The property giant has been at the centre of a complex battle for boardroom control.

Apple plans two more China research hubs to counter declining iPhone sales

Apple Inc. has revealed plans to set up two more research hubs and boost investment in China, a pivotal market in which the iPhone has been rapidly elbowed aside by local rivals. The announcement comes as chief executive officer Tim Cook undertakes his latest trip to a country that ranks… Read more »

China’s LeEco plans to sell Silicon Valley property amid cash crunch

LeEco plans to sell the site to Chinese developer Genzon Group for $260m

Greentown China plans major land purchases in second half

Bids for land by Chinese real estate developers have remained unexpectedly strong this quarter.

Chinese beauty app Meitu produces second billionaire as stock surges

Wu Xinhong, co-founder and CEO of Meitu Inc., became the second billionaire.

People: JP Morgan names Asia private bank CEO; J Safra Sarasin hires ex-UBS exec

J P Morgan Private Bank has announced Kam Shing Kwang as the new Chief Executive Officer for Asia. Meanwhile, Swiss banker J Safra Sarasin has appointed Vinay Gandhi as the Chief Executive for ultra-high net worth division in Asia. J P Morgan names Kam Shing Kwang as Asia Private Bank… Read more »

China, Saudis to discuss CIC, CNPC investment in Aramco IPO

Saudi King Salman bin Abdulaziz is visiting Beijing this week.

China’s HNA picks 4th site near old HK airport for mega project

It bid $958 million for the plot, beating 14 others.

AC Milan bidder said to lose backing of state-owned Chinese firm

Leaving businessman Li Yonghong to find a way to complete the deal on his own.