Fosun Kinzon leads $15m Series B round in Chinese health app Easyhin


Fosun Kinzon Capital, a venture capital firm backed by Fosun Group, has led RMB100 million ($15 million) Series B round for Easyhin, a Chinese mobile health management services platform for mothers and babies.

China: Online B2B liquor biz Yi Jiu Pi raises $30m

Existing investors Source Code Capital and Light House Capital also participated in the funding.

China’s Molbase closes Series C investment led by Sequoia Capital China & TBP Capital

Molbase has secured a significant Series C investment in a round led by Sequoia Capital China and TBP Capital.

As China opens bad debt market, private equity firms step in

KKR, Oaktree Capital Group, Clearwater Capital and Shoreline Capital Management have staked out plans in China’s distressed debt market.

China property search engine Juwai eyes Australia IPO, a property search engine that lists real estate around the world for Chinese buyers, is seeking to go public in Australia as early as this year.

WeChat payments rocket as China’s Tencent rides gaming wave

Tencent Holdings Ltd is not only China’s largest social network and online entertainment firm, it is now big in mobile payments too. It has quietly built one of the world’s largest payments systems, with transactions which could total more than $500 billion this year, according to Reuters calculations. While most… Read more »

China Security & Fire to acquire Australian, Thai security assets

China Security & Fire Co Ltd plans to acquire security assets in Australia and Thailand for more than $150 million, the latest example of Chinese companies expanding overseas through acquisitions.

Bain Capital enters China, acquires Asia Pacific Medical Group in $150m deal

Bain Capital is acquiring a controlling stake in Asia Pacific Medical Group in a deal valued at US$150 million

Chinese insurer Anbang makes $13b bid for Starwood, topping Marriott offer

Anbang has been on a U.S. hotel buying spree as Chinese insurers rush to acquire high-yielding assets as they struggle to keep up with the policy liabilities of the country’s aging population.

Taiwan’s Cherubic Ventures launches $120m fund, to target Saas, virtual reality & robotics

Taiwan-based investment firm Cherubic Ventures has launched a $120 million fund, with $70 million already committed.