By Donny Kwok
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.
The Chinese textile producer is in advanced negotiations with Bally’s owner and has been discussing a price of about $700 million
Four angel investors, from tech and finance industry in Hong Kong, participated in the round.
The $32-million Taiwan Entrepreneur Fund, announced by Alibaba founder Jack Ma in 2015, invests in Taiwanese startups.
Chinese recruitment solutions provider MoSeeker has raised $15 million in a Series B funding round.
Tencent and Orchid Asia Group are co-investing in online music tutoring platform Peilian.com.
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 »
C-Mer, which counts Tencent Holdings Ltd. chairman Pony Ma as a cornerstone investor, is seeking to raise up to $73 million.
UBS is ahead of its plan to double headcount in China over a five year period.
LeEco has repaid part of this debt after selling shares in its smartphone affiliate Coolpad Group.