Skip to main content
China approves 20 IPOs, steps up pace as market rallies

BY Reuters |

China's stock market watchdog has approved the initial public offerings of 20 firms, it said late on Monday, around double the number it approved on average last year.
BMW agrees to pay $820 mln subsidy: China dealers

BY Reuters |

BMW will pay 5.1 billion yuan ($820 million) to auto dealers in China who pressured the world's top luxury carmaker to share the cost of overstocked showrooms, BMW's main Chinese dealership group said on Monday.
Chinese game maker Perfect World gets go-private bid from founder

BY Reuters |

Chinese online game developer Perfect World Co Ltd said it received a go-private proposal from founder and Chairman Michael Yufeng Chi at $20 per ADS, valuing the company at nearly $1 billion.
Fosun to buy U.S. insurer to help finance acquisition spree

BY Reuters |

Chinese conglomerate Fosun International Ltd is making its first foray into the U.S. insurance market and buying property and casualty insurer Meadowbrook, a deal that it said would help it secure funds for further acquisitions.
大连万达集团战略投资快钱并获控股权，加速实现O2O模式

BY Reuters |

中国最大商业地产集团之一的大连万达集团周五宣布，已与第三方支付平台--快钱公司达成战略投资协议，并取得后者控股权。这是万达在互联网金融领域的首桩并购，为其电子商务及金融产业获得重要支付平台，集团O2O（线上线下）迈出实质性一步。
China court rejects ex-Everbright Securities exec's suit against regulator

BY Reuters |

A Chinese court ruled against a former Everbright Securities executive who sued the country's securities regulator for punishing him for insider trading.
Dalian Wanda buys control of China online payments firm

BY Reuters |

China's Dalian Wanda Group Co, whose real estate arm just raised about $3.7 billion in a HK share sale, has bought a controlling stake in 99Bill Corp, a Chinese third-party payment processor similar to PayPal.
China drafts new law 'to fight air pollution'

BY Reuters |

China plans tougher pollution limits and heavier penalties in a revision of its air pollution law, state-run news agency Xinhua said, as the government battles to reduce smog that takes hundreds of thousands of lives each year.
China to 'regulate' foreign NGOs with new law

BY Reuters |

China aims to "regulate" foreign non-governmental organisations (NGOs) under a law being discussed this week, state media said on Monday, which aims to step up supervision of the fast-growing sector.
Australian cinema chain Hoyts sold to Sun Xishuang

BY Reuters |

Australia's Hoyts Group has got sold by its private equity owner Pacific Equity Partners (PEP) to an investment vehicle set up by Chinese entrepreneur Sun Xishuang.