By Kane Wu
The company raised $133 million in December in its series D fundraising round.
The transaction with B&L Management Co. values the 21-story building at $452 million and would cause HNA to realize a loss
More than 10 biotech companies have applied to begin trading on the Hong Kong stock exchange since the bourse changed its rules in April to allow unprofitable drug developers to join.
Beijing-based Thunder Stone Technology Co is the largest karaoke system supplier in China, accounting for 40 per cent of market share.
111 Inc’s filing in the US comes at a time when China’s pharmaceutical players are quickly moving online to further corner a larger share of the market.
Crypto-currency exchange Huobi has made a strategic investment in US-based OpenFinance Network.
85 Degrees, which has 628 stores in mainland China, was hit by calls for a boycott on Chinese social media after Taiwan President Tsai Ing-wen was photographed on Sunday visiting one of its Los Angeles stores during her visit to the United States.
Babytree is targeting a valuation of $3-5 billion.
Global banks including Citi, HSBC and StanChart have been boosting their staff and offerings as the belt and road drive fuels demand.
The city has become an important testing ground for Tencent’s WeChat Pay, and Alibaba’s Alipay, dominant rivals in mainland China