Is Lashou worth $1.1b? Why do people keep investing in group buying websites?
Category: Investment
Singapore may become the third location outside of Hong Kong and the mainland to trade the reniminbi, as Beijing moves gradually toward its goal of allowing the cross-border trade and investment of its currency, the Wall Street Journal reported. The Monetary Authority of Singapore is in talks China’s central bank to become a market for […]
Goldman Sachs (GS.NYSE) has bought a 12.02% stake in China’s Taikang Life Insurance, Dow Jones reported. The US financial services firm plans to cooperate with Taikang on investment management, product development and domestic and overseas investments. The deal, which has been approved by the China Insurance Regulatory Commission, arose from French insurer AXA’s (CS.Euronext) desire […]
Harbin Electric joins a crowd of Chinese firms trying to escape foreign stock exchanges with the help of overseas investors
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Private equity in western China
Investing in firms in central and western China offers lower costs, faster growth and bigger risks