Searching for "China Securities"
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Shenzhen-based consumer drone maker DJI Technology has reportedly released the results of the first round of competitive bidding in its latest funding round, according to a source close to the matter. Read More
Morgan Stanley, China Merchants Bank, China Securities Co., and Chinese microblogging platform Weibo (Nasdaq: WB) have made a strategic investment in Beijing-based social media marketing firm Tianxiaxiu Technology (InMyShow Inc.) The RMB 600 mln investment covers both Series C and Series C+ rounds. Read More
Shanghai-based Xin Gongying Information Technology, operator of online and mobile P2P car rental platform Atzuche, has announced the completion of nearly RMB 400 mln in Series C funding. Read More
The China Securities Regulatory Commission (CSRC) has issued an emergency notice requiring all fund companies to temporarily cease trading functions offered through in-app "applets." Read More
Film and TV production firm Huayi Brothers (300027.SZ) announced today strategic partnerships with Chinese e-commerce conglomerate Alibaba Group (NYSE: BABA), internet firm Tencent (0700.HK), and investment firms Ping An Asset Management and China Securities Co., Ltd. Huayi Brothers' proposal calls for a private offering of an additional 144.986 mln company shares, with Tencent paying RMB 1.28 bln for 51.55 mln shares and Ali Venture Capital, an affiliated investment arm of Alibaba Group, paying RMB 1.533 bln for 61.756 mln shares. Read More
China will invest RMB 120 bln to support the development of the country's semiconductor industry, with a specially designated fund to be established in the near term future, according to China Securities Journal. As described by an industry veteran, a lack of funding is the primary bottleneck restricting development of the integrated circuit (IC) industry in China. Read More
Four major mainland China securities firms - GF Securities, Sealand Securities, Guosen Securities, and Haitong Securities - have issued internal memos ordering all employees to cease using and immediately uninstall software from Chinese Internet services and security software provider Qihoo 360 (NYSE: QIHU). Read More
Beijing-based mapping software provider Supermap issued a notice today that it plans to release an initial public offering of A-shares and list on the Shenzhen Stock Exchange's Growth Enterprise Market board. Read More
At China Mobile (NYSE: CHL; 0941.HK)'s mid-year results announcement on August 20, CEO Wang Jianzhou said he was confident that the operator would have 3 mln TD-SCDMA 3G subscribers by the end of the year. Read More