Tags: China

China's Hony Capital to buy 12.43 percent stake in Shanghai hotel

Hony Capital, one of China's biggest private equity firms, has agreed to buy a 15 billion yuan ($246 million) stake in Shanghai Jin Jiang International Hotels Development Co, the hotel company said on Thursday.


Microsoft CEO Nadella to visit China amid antitrust probe - source

Microsoft Corp Chief Executive Officer Satya Nadella is set to visit China in late September, a source familiar with the matter said on Thursday, as the Chinese government conducts an antitrust investigation into the world's largest software company.

Alibaba revenue soars ahead of IPO

China's Alibaba Group Holding Ltd [IPO-BABA.N], which is expected to go public in New York as early as next month, reported a 46 percent jump in quarterly revenue as growth in the world's largest e-commerce market showed no signs of slowing.

EU regulators mull Qualcomm antitrust probe - sources

European Union antitrust regulators may open an investigation into Qualcomm, the world's No. 1 mobile chipmaker, based on a four-year-old complaint by a unit of rival Nvidia Corp, three people familiar with the matter said on Tuesday.


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German venture capital firm Rocket Internet and Zalando, Europe's biggest specialist online fashion retailer, are both on the brink of announcing plans to list on the Frankfurt stock exchange, several sources with knowledge of the matter said.
China has set up a 20 billion yuan ($3.25 billion) investment fund to help bolster its fast-growing civil aviation industry, local media said on Monday.
China could have a new homegrown operating system by October to take on imported rivals such as Microsoft Corp, Google Inc and Apple Inc, Xinhua news agency said on Sunday.
As Chinese banks prepare to raise $55 billion in the country's first preferred share offers, foreign investment banks with experience in structuring such deals are ready to pounce on a potential $275 million in underwriting fees.
U.S. foodmaker H.J. Heinz Co said on Tuesday it will tighten controls over ingredients suppliers in China after it was forced to recall some infant food products from Chinese store shelves due to excess levels of lead.
China's buoyant exports pushed its trade surplus to a record in July, fuelling optimism global demand will help counter pressure on the domestic economy from a weakening property sector.
Chinese authorities say they have blocked messaging apps KakaoTalk and Line as part of efforts to fight terrorism,South Korea said on Thursday, the first official explanation of service disruptions in China that began a month ago.
China's recent probes into Microsoft Corp and car companies including Audi and Chrysler have rekindled concerns that Beijing may be using an anti-monopoly law to support domestic firms at the expense of foreign companies.
Haha Pinche successfully raised $10 million during its Series A funding round. Its backers include Innovation Works and Sequioa Capital. Haha Pinche is a Chinese carpooling application that connects drivers and passengers...
Israeli-company EndyMed Ltd has reached an agreement with the Chinese OHMK Medical Technology, which will acquire 47.93 million EndyMed shares (28.94 percent share capital and voting rights), for $7 million.
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