Chehejia, a Chinese manufacturer of smart electric vehicles, has raised RMB780 million ($120 million) in a Series A round of funding from eight Chinese individual and financial investors.
The China Securities Regulatory Commission (CSRC) will take further steps to regulate the domestic private fund industry in response to an acceleration in illegal fundraising activities.
Mengqiu Wang shelved his mobile app start-up to pursue a longstanding interest in smart robotics. With backing from several VC investors, Zero Zero Robotics' Hover Camera is now nearing commercial launch
RayVio has found a way to use ultraviolet LED technology in disinfection - and produce high-quality products at scale. IPV Capital and Tsing Capital will help the company grow its China business
While down rounds are increasing in frequency among US-based start-ups, the phenomenon has yet to take root in China. Desperation, dirty term sheets and willing investors are delaying the inevitable
CDIB Capital has committed $45 million to Best Logistics Technologies, a China-based IT-driven integrated logistics and supply chain management business part-owned by Alibaba Group.
The Hong Kong Monetary Authority (HKMA) made new or approved private equity and real estate commitments of $9.7 billion in 2015, double the previous year’s allocation.
Miss Fresh, a Chinese online grocery retailer backed by Tencent Holdings, has raised RMB230 million ($36 million) in an extended Series B round led by domestic investor Yuan Yi Investment.
Chinese state-backed Tsinghua Unigroup has withdrawn its NT$56.8 billion ($1.7 billion) offer to acquire a stake in Silicon Precision Industries (SPIL), a Taiwanese semiconductor testing and packaging company.
Shanghai Jahwa United, a Chinese chemical products maker wholly owned by Ping An Insurance Group, has agreed to buy Mayborn Group – the UK-based manufacturer of Tommee Tippee baby bottles – from 3i Group.
Morgan Stanley Private Equity Asia (MSPEA) secured a 4.5x return on its partial exit from Hong Kong-based financial advisor AMTD when China Minsheng International and LR Capital Group took a majority interest in the business.
Xiaoming Huang, a Chinese actor who co-founded celebrity fund StarVC, has launched a new venture capital firm called Ming Capital.
While most logistics start-ups dedicated to serving China's online food-ordering platforms hire part-time staff through crowdsourcing, Yummy Express recruits full-time employees to provide a consistent service
Beijing Weiying Times Technology, a Chinese online portal that sells movie tickets, has raised RMB3 billion ($462 million) in an extended Series C round of funding at a valuation of $2 billion.
Zero Zero Robotics, a Beijing-based start-up that has developed a flying camera for the consumer market, has received $23 million in Series A funding from IDG Capital Partners, GSR Ventures, ZhenFund and ZUIG.
China-based VC firms IPV Capital and Tsing Capital have led a $26 million Series C round of funding for RayVio Corp, a US company that has developed an ultraviolet LED technology for use in hygiene products.
Taiwan-based hardware developer HTC has launched a global accelerator program with $100 million to support start-ups working on virtual reality (VR) applications.
Following its $50 million Series C round, investors in Hua Medicine are waiting for the company to fulfill its potential as a poster child of innovation in China
Having bought the HMV business in Asia as a distressed asset, Hong Kong-based AID Partners is working to reposition it as a lifestyle brand that reaches deeper into the media value chain than DVDs and CDs
Ant Financial, Alibaba Group’s online financial services affiliate, has completed a $4.5 billion Series B round of funding, said to be the largest-ever fundraise by a private internet company globally.
Two Chinese investment groups – Puji Capital and Jupai Holdings – have formed a joint venture (JV) to invest in Wanda Pictures, the film production and distribution division of domestic conglomerate Dalian Wanda.
Zhaohui Wang, co-founder and formerly operating partner at Innovation Works, has launched a China-focused seed fund to invest in culture, media and sport-related assets.
US private equity firm Shamrock Capital Advisors has acquired a majority stake in Silvergate Media with a view to expanding the company’s presence in China.
FountainVest Partners and its portfolio company Focus Media - a Chinese outdoor advertising business that went public via a backdoor listing last year - will launch a $400 million sport industry-focused fund.