By Anirvan Ghosh
Washington-based private equity major Carlyle Group is set to make a full exit from Concord Medical Services, a US-listed Chinese radiotherapy and diagnostic imaging center operator. Jianyu Yang, chairman and chief executive officer of the Company, Morgancreek Investment Holdings Limited, an investment vehicle controlled by Mr. Yang, and Blue Ocean… Read more »
Finquest’s platform generates results using machine learning techniques that continuously fine-tune the algorithms. These results are then curated by its team of analysts to generate a short list of potential introductions for its clients.
The company was founded in 2000, and has a market capitalization of HK$2.2 billion (US$370 million).
The IPO by ZTO Express, a partner in e-commerce giant Alibaba Group Holding Ltd’s Cainiao Network logistics arm, is expected to be marketed as early as September or October, Thomson Reuters publication IFR said.
Future Mobility Corp., the Chinese electric-vehicle company backed by Tencent Holdings Ltd. and Foxconn Technology Group, plans to complete its first round of financing in the third quarter.
French state-controlled utility EDF said on Tuesday it had entered the growing Chinese renewables energy market with the acquisition of a majority 80 percent stake in UPC Asia Wind Management (AWM) which develops and builds wind projects. The company did not give a value for the deal. The acquisition was… Read more »
China Vanke Co. said it and other partners are in talks to jointly pay about 12.9 billion yuan ($1.9 billion) for commercial property from Blackstone Group LP and other parties.
Yung Park, a Chinese private equity firm has led a $30 million (RMB200 million) series B round of funding in Beijing-based shared workspace startup Nash.Work.
Hope Education, an affiliate of China’s major private enterprise Huaxi Hope Group, has run comprehensive educational business covering primary schools to vocational colleges.
Japanese financial services company Orix Corp has bought Boston Financial Investment Management, a U.S. money manager specialized in tax credit investments for low-income housing suppliers, two sources said on Saturday. Orix paid several hundred million dollars to buy Boston Financial Investment Management, said the sources, who had direct knowledge of… Read more »