Shu Zhang
Stories by Shu Zhang
Ant Financial shifts focus away from finance to tech amid Beijing crackdown
The move was propelled, in part, by growing regulatory pressure on Ant's core financial businesses, including payments, micro lending, credit rating a
China to use cornerstone investors to help Alibaba, Xiaomi list in mainland
Beijing could also rip up its unwritten rules on pricing caps to make way for these blockbuster deals, with Alibaba and Xiaomi believed to be furthest
IDG Capital fires top investment manager in China for alleged sexual misconduct
Jiang Zuo, also known as Douglas Jiang, joined IDG in 2013 to lead the firm's cryptocurrency investments.
China: State-controlled Anbang seeks $560m from Century Securities sale
Anbang holds 91.65 percent stake in the brokerage firm.
China regulator approves $9.7b capital injection for Anbang
The money will come from a non-government bailout insurance security fund for the insurance industry which will temporarily take a stake in Anbang.
Hopu Investments raising $2.5b fund to tap demand for China exposure
The fund counts sovereign wealth funds including China Investment Corp, Singapore state investor Temasek and Japan's Mitsui as investors.
China’s Citic partners Baidu to launch AiBank in fintech JV
AiBank will focus on lending to individuals and small businesses while leveraging big data and artificial intelligence
Bank of China HK agrees to buy Vietnam, Philippines biz from parent
The deal marks the latest step in the bank’s restructuring in Southeast Asia.
Wanda to sell hotels to R&F Properties, hikes price of tourism asset sale to Sunac
In a twist to the second-biggest real estate deal ever in China announced a week ago.
China sovereign fund CIC seeks more direct US investment
CIC Capital, launched in 2015, signed 16 deals worth $5 billion last year.
