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Jillian Yue

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Homepage: http://www.chinamoneynetwork.com

Dah Chong Hong Holdings Ltd., a Hong Kong-listed distributor and dealer of motor vehicles in Greater China, said it plans to partner with its parent company that is a subsidiary of CITIC Ltd. to establish an investment fund to back consumer and healthcare...

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Beijing-based start-up Yi+, which uses computer vision and artificial intelligence (AI) to provide intelligent media and marketing solutions, has obtained US$15 million in a series B funding round, the firm announced. The round was led by Haitong Securities, with participation from BRJ Group and an...

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JD.com Inc. and its financial technology unit JD Finance have agreed to team up with Thailand’s largest retail conglomerate Central Group to invest an aggregate of up to US$500 million to establish two joint ventures in Thailand covering e-commerce and fintech services, in...

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WuXi NextCODE, a genomic big data platform resulted from a merger between Chinese contract research outsourcing provider WuXi AppTec’s genome center and NextCODE, has raised a US$240 million series B financing led by Sequoia Capital China. The round is among the largest venture financing deals...

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Chinese investment firm Yingke Private Equity has invested RMB100 million (US$14 million) in Shanghai Sanyou Medical Co., Ltd., an orthopedic medical device developer. Chinese orthopedic medical equipment sector is growing rapidly, and currently accounts for 9% of the overall medical device market in China. In 2016, the...

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The People’s Bank of China and six other state regulators today jointly announced a complete ban on initial coin offerings (ICOs) in China, in perhaps the harshest measures ever taken against a new fundraising activity. The Ministry of Industry and Information Technology, the State Internet Information Office,...

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Appier, a Taiwan-based artificial intelligence (AI) company, announced that it has secured a series C investment of US$33 million from SoftBank Group Corp., LINE Corporation, NAVER Corporation, Singapore-based EDBI and Hong Kong-based AMTD Group. This brings the total amount of VC investment in the company...

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Qingsong Fund, a venture capital firm founded by Alvin Liu, a co-founder of Tencent Holdings Ltd., has launched its third investment vehicle with RMB850 million (US$129 million) in committed capital. The new fund will focus entertainment, education, consumer demand and artificial intelligence. More than 30 limited partners...

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Best Inc., a logistic service provider backed by Alibaba Group, has revised up the amount of capital it is seeking to raise in an initial public offering in New York to US$1 billion, from a previous target of US$750 million in June. Best, also known as Best...

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Arrail Dental, a Chinese private dental service provider with nearly 100 private dental clinics in the country, has raised a US$90 million series D round from Goldman Sachs and Chinese private equity firm Hillhouse Capital Group. "Chinese people’s income keeps increasing in the last few...

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