By Stenvall Skoeld & Co.:
Editor's note: Originally published on June 10, 2014
Chinese pharmaceutical companies are increasingly relying on M&A funds to consolidate China's healthcare industry. The past years have seen a large number of Chinese pharmaceutical companies setting up or participating in venture and growth capital funds.
BEIJING and FAIRFAX COUNTY, Virginia — A secret multi-million-pound deal to carve up China’s insurance market, brokered by the daughter of the country’s former prime minister, has been sent to anti-corruption investigators.
The deal guaranteed Zurich Insurance, one of the world’s largest financial institutions, a hugely lucrative stake in a major Chinese insurance company at a time when foreign companies were barred from investing in the sector.
TORONTO — The future of Canada’s Ring of Fire, a remote cluster of rich mineral deposits in northwestern Ontario, is looking increasingly dim as the finances of its biggest private investor, Cliffs Natural Resources Inc, have taken a turn for the worse.
Crouched in swampy lowlands and named for a Johnny Cash song, the 4,000 sq km zone has no rail lines, highways or reliable power. Political leaders say the Ring of Fire could support a century of mining, but the cash-strapped government has yet to commit infrastructure funds.
As $170 billion hedge fund Bridgewater noted, "new participants are now discovering that making money in the markets is difficult," and sure enough, as WSJ reports, Asian hedge funds have suffered steep losses in June.
China-based tech company, Travice Inc, revealed today that it had raised $600 million in a funding round that was led by e-commerce giant Alibaba Group Holding Limited (NYSE: BABA), Softbank Corp (USA) (OTCMKTS:SFTBF), and Tiger Global Management. Travice Inc. is notable for being the developer and operator of the famous car service app called "KuaiDi Dache."
By Jiang Zhang:In the midst of scandals involving North American-listed Chinese companies that came public via reverse takeovers (RTOs), Investor's Business Daily published an article titled The 6 Rules For Successful Investing In Chinese ADRs, which identified the risks involving in Chinese ADR investing and presented 6 key questions that investors should address for successfully investing i