China Venture Capital News

(Reuters) – China’s largest Internet company Tencent Holdings Ltd (0700.HK) has bought a Chinese social networking company for more than $60 million, the China Business News reported on Tuesday.

Tencent, China’s No.1 online game operator and its largest instant messaging provider, had bought C… Read more →

(Shenzhen Stock Exchange: 300102) Changelight IPO volume is 29.50 million with the post-IPO share capital totaling 118 million, the offering price of 45.00 yuan per share, the raised funds expected up to 1.328 billion yuan.

Xiamen Changelight Co., Ltd. principally engages in the research, dev… Read more →

BEIJING, July 1, 2010 (GLOBE NEWSWIRE) — AutoNavi Holdings Limited, (“AutoNavi” or the “Company”) (Nasdaq:AMAP), a leading provider of digital map content and navigation and location-based solutions in China, today announced that its initial public offering of 8,625,000 American depositary share… Read more →

BEIJING, March 2 /PRNewswire-Asia/ — Prudent Energy Inc. the leading manufacturer of the Vanadium Redox Battery Energy Storage System (VRB-ESS), has raised approximately $22million in Series C preferred shares. Northern Light Venture Capital led the round, which also included new investor Se… Read more →

Aobi, a leading domestic professional website for children, disclosed that it has recently secured investment from Sequoia Capital China.

Aobi is a green website for the whole ages certified by China Youth Internet Association. The website was officially launched on Sep. 25, 2008. So far, it h… Read more →

PPD, Inc. (Nasdaq: PPDI) today announced it has completed its acquisition of Excel PharmaStudies, Inc., the market leader and one of the largest contract research organizations in China. The acquisition strengthens PPD’s full range of drug development services in the country and positions it to c… Read more →

Peak Sport Products Co., Limited (HKEx Stock Code: 1968), together with its subsidiaries the “Group”), a well-known branded sportswear company in China, commenced trading on the Main Board of The Stock Exchange of Hong Kong limited (“HKEx”) today.

Credit Suisse (Hong Kong) Limited is the Sole … Read more →

BEIJING, Nov 06, 2008 (BUSINESS WIRE) — CERNET Koncept Ltd., the holder of exclusive rights to provide digital media services and advertising to China’s university students, have recently closed a US $6.5 million Series A round with Sequoia Capital to expand their next generation media services … Read more →

HONG KONG, Oct 22 (Reuters) – China’s Renhe Commercial Holdings Co Ltd rose 4.4 percent in its trading debut in Hong Kong on Wednesday in an IPO unlikely to inspire other listing hopefuls to venture into a global market that has all but shut to newcomers.

Renhe (1387.HK), which develops underg… Read more →

Beijing, China, August 1, 2008- CERNET Koncept, the holder of exclusive rights to provide digital media services and advertising to China’s university students, have recently closed a Series A round with Sequoia to expand their next generation services to Chinese Campus Channel and allow advertis… Read more →