By Juliet Shwe Gaung
Baidu CQ MCC is mainly involved in financing tuition fees for students enrolled in vocational training and educational institutions
Mineral Resources said the acquisition would fit with its strategy of securing gas assets.
Given its performance this year, 2018 could see Tencent Holdings outperform other technology majors, even if the iPhone X see’s Apple Inc. grow its market capitalisation to $1 trillion. Beyond its own successful business model and performance, the growth of Tencent Holdings is also driven with China’s transition to a more consumption-led economy, which could see its valuation exceed that of Apple to become the largest corporate entity in the world by market cap.
Guangdong Midea Property Co. has been speaking with investment banks about a potential Hong Kong share sale that could take place in 2018.
Baofeng TV, an AI-based producer, has raised $120 million from Chinese investors including Suzhou Dongshan Precision Manufacturing. Meanwhile, Hong Kong-based storage company Boxful has raised $18 million from property investors in China, according to China Money Network. AI powered Baofeng TV raises $120m from Chinese investors Baofeng TV, a television… Read more »
Easote’s CEO Karl-Heinz Lumpi will continue leading the company after the acquisition is completed.
Shankai Sports has received a $45 million Series B from Yao Capital. LinkedCare has raised a $15 million Series B from Shanghai Fosun.
The London-based lender’s concerns center on HNA’s heavy debt load and the potential reputational risk from working with them.
Tencent will also take a minority stake in Spotify through secondary purchases. The deal will help Spotify, a music streaming leader in Europe and North America, and China-focused Tencent Music, to increase exposure to each other’s core markets.
AWE has rebuffed two other takeover moves in the past 3 years, including a A$421 million approach from U.S. PE firm Lone Star last year.