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Tencent to take about 5% stake in investment bank CICC for $367 million

Tencent to take about 5% stake in investment bank CICC for $367 million

Thu, Sep 21, 2017

Tencent Mobility, a unit of Chinese internet company Tencent, will subscribe for 207.5 million new Hong Kong-listed shares of CICC at a price of HK$13.80 per share, representing an 11% discount to the stock`s Wednesday closing price.

Amazon's grocery push playing catch up with Chinese e-commerce giants

Amazon's grocery push playing catch up with Chinese e-commerce giants

Thu, Jun 22, 2017

China`s Alibaba Group Holding and JD.com Inc have invested heavily in offline retail - bricks-and-mortar stores - in recent years to complement their online offerings.

New images, price of Nokia 8 unveiled ahead of launch this weekend

New images, price of Nokia 8 unveiled ahead of launch this weekend

Tue, Feb 21, 2017

The listing of Nokia 8 on Chinese retailer site suggest the colours and the price that the smartphone will be at in India.

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Nokia 6 will not be sold only on flash sales, says HMD Global

Nokia 6 will not be sold only on flash sales, says HMD Global

Thu, Feb 09, 2017

Nokia 6 not be sold only on flash sales, it just sells out fast clarifies HMD Global in a statement.

Private equity sees opportunity for growth in China's logistics sector

Private equity sees opportunity for growth in China's logistics sector

Wed, Aug 24, 2016

When US private equity heavyweight Warburg Pincus started looking at China's logistics sector in late 2009, there were more modern warehouses in Boston than in the whole of the world's most populous country.

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