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Tencent Forms HK Finance Academy and Guangdong-HK-Macau Fintech Lab

iFeng Tech, 6/06/18

Chinese internet conglomerate Tencent (0700.HK) announced the formation of the Tencent Financial Academy (Hong Kong) and Guangdong-Hong Kong-Macau Greater Bay Area Fintech Lab at a forum cohosted by Tencent and the HK Science and Technology Park. Read More

Ele.me Opens Drone Delivery Routes

Tencent Auto, 5/29/18

Online food ordering platform Ele.me, operated by Shanghai-based Rajax Information Technology, announced today the opening of China's first drone on-demand delivery routes. Read More

Mobile E-sports Firm Hero Interactive Completes RMB 1.7 Bln Pre-IPO Funding

Cnstock.com, 9/29/17

Beijing-based mobile e-sports organizer and promoter Hero Interactive Technology (430127.NEEQ) recently completed RMB 1.7 bln in pre-IPO funding led by China State-owned Venture Capital with participation from Shaanxi Culture Industry Investment Group and Gopher Asset Management. Read More

Alibaba, Yunfeng Capital Lead RMB 1 Bln Investment in Cloud Storage Provider Qiniu

iHeima, 8/28/17

Shanghai-based cloud storage and computer technology developer Qiniu Information Technology recently announced completion of RMB 1 bln in Series E funding led by Chinese e-commerce conglomerate Alibaba Group (NYSE: BABA) and Yunfeng Capital, the private equity company co-founded by Alibaba Group chairman Jack Ma. Read More

Qihoo 360 Invests in Handset Manufacturer Blephone

Blue Whale Media, 12/10/16

Shenzhen-based handset manufacturer Blephone Technology has announced the establishment of the Blephone Technology Park in Chongqing, and the completion of Series A funding from internet services and security software provider Qihoo 360 and Chongqing Xizheng Yufu Private Equity Management. Read More

e-Game, Wuhan Govt, Hubei Telecom Partner on Mobile Game Base

People.com.cn, 5/28/13

China Telecom's (NYSE: CHA; 0728.HK) gaming portal e-Game recently signed an agreement with the Wuhan East Lake High-Tech Development Zone Administrative Committee and Hubei Telecom to partner on developing the "China (Wuhan) Optics Valley e-Game Industry Park." Read More

Singapore, Sichuan to Invest RMB 100 Bln in High-Tech Park

China Business News, 9/12/12

Singapore Prime Minister Lee Hsien Loong said in an interview today that Singapore will increase the presence of Singaporean companies in Sichuan through the newly announced Singapore-Sichuan Hi-Tech Innovation Park. Read More

Lenovo Holdings to Invest RMB 26 Bln in Hubei

Chutian Metropolis Daily, 8/29/12

During the recent 2012 investors meeting of Hony Capital in Wuhan, Liu Chuanzhi, chairman of Lenovo's (0992.HK) parent company Lenovo Holdings, announced that Lenovo will invest RMB 26 bln in Hubei province over the next 3-5 years. Read More

Foxconn to Invest RMB 100 Bln in Shanxi

China Business News, 8/22/12

At "The World Assembly of Jin Merchants" in Shanxi province on August 20, Foxconn (2038.HK; 2354.TW) CEO Terry Gou said that the Taiwanese electronics manufacturer will invest RMB 100 bln in Shanxi province over the next five years to build eight major production bases in Jincheng, Shanxi for projects including precision components, optical communication components, and robotics. Read More

Rumor: Manzuo to Achieve Profitability in September

DoNews, 8/09/12

Feng Xiaohai, CEO of Chinese group buy site Manzuo.com, reportedly sent out a company-wide e-mail announcing the company will move its headquarters to a 1,500 square meter facility in Zhongguancun Jiuxianqiao Science & Technology Park at the end of August. Read More