Hints and tips:
...The firm registered a new renminbi fund in Hangzhou last year and is working to raise roughly Rmb20bn from investors including local governments, according to one person close to the group....
...Cheng said his group would invest the Rmb10bn over 12 months on land in top-tier Chinese cities such as Shanghai, Guangzhou, Hangzhou and Shenzhen....
...A graduate of a nearby university in Hangzhou, he joined Ma’s first internet venture China Pages, before becoming a founding member of Alibaba in 1999....
...“The panic selling could carry on for a while as a negative feedback loop has been formed,” said Huang Da, a bond fund manager based in Hangzhou, the capital of eastern Zhejiang province....
...Swiss and Chinese bourses signed an initial memorandum of understanding to consider co-operation in 2015, building on two landmark intergovernmental agreements on free trade and currency swaps signed in...
...Washington has accused the Hangzhou-based group of enabling repression and supplying equipment to detention camps in the north-western Xinjiang region, where Chinese authorities have detained an estimated...
...Washington has accused the Hangzhou-based company of supplying the Chinese government with surveillance cameras that facilitate the repression of 1mn Uyghurs who have been detained in camps in the north-western...
Tencent-backed healthtech start-up wary of float that would prompt greater disclosure and scrutiny
...Last year, the company’s Chinese subsidiary bought a Rmb35m ($5.4m) piece of land in Hangzhou, where Alibaba is based, to develop for educational purposes....
...Contemporary Amperex Technology Co Ltd Sector: BATTERIES / HQ: NINGDE, CHINA China’s dominant maker of batteries for electric vehicles has boomed thanks to growing sales to global customers such as Tesla...
...“Moutai’s stock has become a highly speculative investment,” said Zhang Zhigang, owner of Shenzhen-based Zhichangrong Investment Co, an asset manager....
...When a zoo in Hangzhou forced season pass holders to submit to face scans for entrance, Guo Bin, a professor at Zhejiang Sci-Tech University, sued the zoo in order to keep his personal information private...
...John Rosenberg, Guy Sochovsky and Samantha McGonigle have co-founded a new growth equity firm that will invest in lower mid-market enterprise and financial technology businesses in Europe....
...A month later, in March, the Hangzhou-based tech giant invested $171m into Tencent-backed news app Qutoutiao through a loan that will convert into a 4 per cent stake in the content platform....
...The Hangzhou-based company forecasts flat sales for this year. Additional reporting by Xueqiao Wang in Shanghai...
...CDRF reported that Hangzhou-based Wahaha, one of China’s best-known beverage brands, had over the past decade cut an assembly-line workforce of 200-300 down to just a few people....
...“This valuation [HNA offered] is definitely in the higher range,” said Shen Meng, director of Chanson & Co, a Beijing-based investment bank....
...“This round of financing will further support MyDreamPlus’s expansion into the Tier 1 cities in which it operates, such as Beijing and Shanghai, as well as into new Tier 1 cities including Chengdu, Hangzhou...
...Yum China, owner of the KFC fast-food brand in China, last year announced it was piloting a facial-recognition payment system at a store in Hangzhou. 7-Eleven, which is owned by Japan’s Seven & I Holdings...
...When it comes to the output of China’s research institutions, “the statistics are definitely rising sharply”, says Oren Etzioni, who runs the AI research institute of Microsoft co-founder Paul Allen....
...In 1999, he co-founded BGI, which later moved its headquarters to Shenzhen, now home to more than 10m people....
...Confectionery China Candy Holdings tumbled as much as 64 per cent on Friday after an offer from the heiress to Chinese beverage producer Hangzhou Wahaha Group lapsed....
...In 2010 when Hangzhou-based Geely bought Volvo for $1.8bn from Ford Motor — “a song” as one analyst put it — the political and economic winds were blowing in its favour....
...Almost all of the US group’s 2,600 China cafés accept Weixin Pay — the one on Alibaba’s campus in Hangzhou being a notable exception....
...China’s Zhejiang Geely will take a majority stake in Lotus as part of a deal to invest in the historic British sports car maker’s parent company, according a statement put out by the Hangzhou-based company...
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