Jack Ma-backed Hundsun invests in Symbiont

Alibaba founder says to consider Hong Kong listing: Report


Alibaba held its record $25 billion public float in New York in 2014 after Hong Kong, its favoured venue, refused to accept its governance structure.

China’s Shandong Ruyi said to lead bidding for Swiss luxury brand Bally

The Chinese textile producer is in advanced negotiations with Bally’s owner and has been discussing a price of about $700 million

HK-based AlphaConcepts raises $200k in seed round

Four angel investors, from tech and finance industry in Hong Kong, participated in the round.

Alibaba Taiwan Entrepreneurs Fund leads $2.75m investment in Citiesocial

The $32-million Taiwan Entrepreneur Fund, announced by Alibaba founder Jack Ma in 2015, invests in Taiwanese startups.

China Digest: MoSeeker, Ulucu, Huangjinguanjia and Huiyihuiying raise funds

Chinese recruitment solutions provider MoSeeker has raised $15 million in a Series B funding round.

China Digest: Tencent invests in Peilian.com; Xinshang raises $50m

Tencent and Orchid Asia Group are co-investing in online music tutoring platform Peilian.com.

China Digest: F1 Oncology, Panda Insurance, Moredian, Hongliyu Cinema raise funds

Chinese startups Panda Insurance, Moredian, Hongliyu Cinema have received funding in multiple deals while a US biotech firm has secured funding from a Shanghai enterprise, according to China Money Network. F1 Oncology secures $10m F1 Oncology, a US-based biotech firm discovering and developing adoptive cellular therapies for solid tumors, has… Read more »

HK’s C-Mer Eye Care IPO oversubscribed 1,500 times in frenzy, highest in 11 years

C-Mer, which counts Tencent Holdings Ltd. chairman Pony Ma as a cornerstone investor, is seeking to raise up to $73 million.

UBS in talks to acquire majority stake in its Chinese securities JV

UBS is ahead of its plan to double headcount in China over a five year period.

LeEco repays part of China Merchants Bank debt, seeks release of frozen assets

LeEco has repaid part of this debt after selling shares in its smartphone affiliate Coolpad Group.