Searching for "SOE"
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Guangzhou-based Wanhui Investment Management (430705.NEEQ), operator of P2B online lending platform PPmoney, recently announced the completion of RMB 600 mln in Series C funding from Guoneng Jinhui Asset Management, Huiyin Deqing Equity Investment Fund Management, Mingtai Capital, and Guotai Daohe Technology. Read More
The Financial Stability and Growth Committee of China's State Council, the country's cabinet, has instructed the China Banking Regulatory Commission (CBRC) to clean up and rectify the online lending market, according to an industry insider cited by International Financial News. Read More
Shanghai-based Anlaiye (formerly Smile Trading), operator of campus convenience store O2O service platform "I'm Coming," has completed RMB 200 mln Series A+ funding, according to company founder Sun Shaorui. Read More
Chinese state-owned food manufacturer and cross-border food and oil merchant COFCO Corporation, operator of fresh food B2C e-commerce site Womai, recently announced that it has completed USD 200 mln Series C funding led by Chinese Internet company Baidu (Nasdaq: BIDU) and Taikang Life Insurance. Read More
China Mobile (NYSE: CHL; 0941.HK) will begin accepting bids for its upcoming "private cloud" project in the near future. Read More
China's State Administration of Radio, Film and Television (SARFT) has submitted a new proposal to China's State Council to establish a consolidated national cable TV operator "China Radio and Television Network" as a commercially-oriented state-owned enterprise (SOE) under State-owned Assets Supervision and Administration Commission (SASAC). Read More
National CMMB mobile phone TV operator China Broadcasting Corporation (CBC) is reportedly making plans to IPO. Read More
The China Electronics Corporation (CEC) has put its 45% stake in China Cable Network Company Ltd up for sale on the China Beijing Equity Exchange (CBEX), with an RMB 450 mln price tag - a similar price to that it originally paid. Read More
The State Council has clarified the main responsibilities for the new Ministry of Industry and Information (MII). Read More
Although the State Council has only passed a program for implementation of next-generation wireless mobile communications networks, many in the investment sector are interpreting this as approval for 3G implementation, leading to a jump in share prices for 3G firms. Read More