Oriza, CICC Alpha lead $139m series D in Shanghai startup UCloud

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It received $100 million Series C in 2015.

China: Compal-LeEco TV unit deal; Golden Brick, CICC put $67m in Yongqianbao

Taiwan-listed Compal Electronics acquired 2.15 per cent in LeEco’s smart TVs subsidiary Leshi Zhixin. Golden Brick Capital and CICC Alpha lead $67 million round in Chinese personal loan mobile app.


CEFC China to buy 20% stake in US brokerage Cowen for $100m

This is the latest in a series of investments by Chinese firms in US companies


China: Bike sharing service Youon considering $86.7m IPO

The firm has seen an annual compound annual growth of 28.27% (2014 – 2016)


HK: Spring REIT enters agreement to acquire 84 commercial properties in UK

Hong Kong-based Spring Real Estate Investment Trust (Spring REIT) has entered into an agreement to acquire 84 commercial properties from Hawkeye Oval Holdco III Limited and Hawkeye Oval II LLP in the United Kingdom for about $91 million (£73.5 million), as per a statement. This is Spring REIT’s first proposed… Read more »


Anbang, Kushner end Manhattan talks as lawmakers cite conflicts

Anbang had discussed investing more than $400 million.


China’s Fosun CEO and VP step down in surprise reshuffle

Fosun is one of China’s most acquisitive conglomerates.


China’s Fosun announces management reshuffle

Fosun International Ltd , controlled by one of China’s best-known entrepreneurs, announced a major management reshuffle late on Tuesday after saying net profit rose 28 percent for 2016 thanks to steady growth in core businesses. In a statement to the Hong Kong stock exchange, the Chinese insurance, healthcare and entertainment… Read more »


Chinese tech giant Tencent takes 5% stake in Tesla

Tesla’s shares were up nearly 2% at $275.60 in premarket trading on Tuesday.


China’s largest chip-maker Tsinghua raises $22b warchest to chase M&As

Unigroup has been an aggressive acquirer and capacity-builder.