Chinese electronics maker TCL Corporation has launched a private equity fund on Tuesday with RMB2.31 billion (US$327.02 million) in capital commitments to strengthen its capabilities in the upstream and downstream electronics industry.
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Fintech News
Chinese Biotech Start-Up Stemirna Therapeutics Raises $14M Series A Round
Stemirna Therapeutics, a Chinese biotech start-up focusing on RNA technology-based drug development, has raised nearly RMB100 million (US$14.16 million) in a serious A round of financing.
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Chinese Biotech Start-Up Stemirna Therapeutics R…
Chinese AIoT Solution Provider Terminus Closes $283M Series C1 Round
Chinese internet of things (IoT) solution provider Terminus Technologies announced on Monday that it has raised RMB2 billion (US$283.12 million) in a series C1 round of financing led by Hong Kong-based financial services firm China Everbright Limited.
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Chinese Clinical-Stage Innovative Drug Developer Kangpu Raises Nearly $14M
Chinese clinical-stage innovative drug developer Kangpu Biopharmaceuticals unveiled on Friday that it has raised nearly RMB100 million (US$14.18 million) in a series pre-B round of financing.
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Chinese Clinical-Stage Innovative Drug Devel…
Goldman Sachs Faces Potential Loss Of Nearly $30M In Chinese Fashion Brand
Goldman Sachs is facing potential losses of nearly over RMB200 million (US$28.4 million) in an investment it made six years ago in Chinese fashion brand, Shanghai La Chapelle Fashion Co., Ltd.
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Goldman Sachs Faces Potential Loss Of Near…
JD.com Leads Nearly $142M In Chinese Elevator-Ad Unicorn Xinchao Media
Chinese e-commerce giant JD.com is leading a new round of investment worth nearly RMB1 billion (US$141.83 million) in Xinchao Media Group, a Chinese company that operates advertisements in elevators, Xinchao announced in a statement on Thursday.
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KPCB Leads $30M Series B Round In Chinese 3D Printing Service Provider
Chinese 3D printing service provider LuxCreo has raised US$30 million in a series B round of financing led by American venture capital firm Kleiner Perkins (KPCB).
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KPCB Leads $30M Series B Round In Chinese 3D Printing Service Provider c…
Chinese Biomedical CRO Biocytogen Raises $77M In Series D Round
Biocytogen, a biomedical contract research organization (CRO) specialized in gene-targeted animal models and services, announced on Thursday that it has raised RMB543 million (US$77.11 million) in a series D round of financing.
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Chinese…
CITIC Capital Closes Fourth And Largest China Buyout Fund At $2.8B
CITIC Capital, the alternative investment management and advisory arm of Chinese financial conglomerate CITIC Group, announced on Thursday the final closing of its USD-denominated fourth China buyout fund at US$2.8 billion for investment opportunities …
Computer Vision Start-Up Clobotics Gets $22M Serving Retail, Wind Power Firms
Clobotics, a Chinese intelligent computer vision solutions developer, has raised US$22 million in a series pre-B round of financing led by Taiwan-based investment firm CDIB Capital Group and CMC Capital, an equity investment group in Greater China.
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