By Shiwen Yap
China’s Tianjin city has established a government guidance fund – the Tianjin Haihe Industry Fund – with a target of raising RMB100 billion ($14.5 billion). Located 137 kilometres south-east of the capital city Beijing, the fund is intended to grow advanced industries that include high-end manufacturing and aerospace. Limited partners… Read more »
Yunxuetang, a Jiangsu-based employee training solution provider, has raised $22 million in a series B round led by venture capital firm SIG. Chinese investor Li Qi also supported the round, the China Money Network reported. Yunxuetang provides a learning platform for employees for creating teaching material, and a video conferencing… Read more »
Mango Cultural and CICC Jiatai Fund also backed the firm.
The investment will increase the Daesan complex’s ethylene capacity by 30 percent to 1.4 million tonnes per year.
Global law firm White & Case LLP has appointed Jianchong (Andre) Zhu as a partner in Beijing. Meanwhile, Swiss private bank Union Banciare Privee has appointed Jonathan Lin in Hong Kong as the Market Head, Greater China. White & Case gets Partner in Beijing Global law firm White & Case… Read more »
China’s SDIC Fund Management Co has entered into a $47-million strategic equity investment deal with Maxwell Technologies Inc, a global developer and manufacturer of energy storage and power delivery solutions. The private equity fund manager, upon closing of the transaction by the third quarter of 2017, is expected to realize a 19.9… Read more »
It was the biggest stock sale in Hong Kong in six months.
The vehicle will make investments totalling $5.8-11.6 billion.
The deal stalled due to regulatory issues.
Chinese suitors have faced intense scrutiny from regulators in their pursuit of U.S. chip makers