Where Chinese Investors Meet Global Investment

中國投資者探索環球投資新聞及機遇

New York City plans to start fining restaurants that use CBD in food and drinks

New York City plans to start fining restaurants that use CBD in food and drinks

New York City’s health department plans to ask restaurants to return or throw away CBD products starting in July, according to an email viewed by CNBC. In October, the government plans to start issuing violations — including fines — to...

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Medic Vision’s iQMR™ System to Allow 40% MRI Scan-Time Reduction in More Than 350 Medical Centers in China, Under a Multi-Million Dollar Agreement

Medic Vision’s iQMR™ System to Allow 40% MRI Scan-Time Reduction in More Than 350 Medical Centers in China, Under a Multi-Million Dollar Agreement

Medic Vision Imaging Solutions, the leading innovator of vendor-independent solutions for CT and MRI scanners, today announced that it has signed a multi-million dollar partnership agreement with KAME, an affiliate of Beijing Century Galaxy...

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Avapritinib receives Phase III clinical trial approval for GIST in China

Avapritinib receives Phase III clinical trial approval for GIST in China

CStone Pharmaceuticals (“CStone”) today announced that the National Medical Products Administration (NMPA) recently approved a Phase III clinical trial in China for its partnered drug candidate avapritinib as a third-line treatment...

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Suzhou’s CStone Pharma Schedules $304 Million Hong Kong IPO for Next Week

Suzhou’s CStone Pharma Schedules $304 Million Hong Kong IPO for Next Week

CStone Pharma, a Suzhou oncology company, plans to raise $304 million in its Hong Kong IPO at a valuation of $1.5 billion. Even though CStone is just two and one-half years-old, it has 14 oncology programs underway, including nine in clinical or...

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US Investment in China Doubled Last Month With Focus on High Tech

US Investment in China Doubled Last Month With Focus on High Tech

American  investment in China more than doubled last month from the year before,  according to China’s commerce ministry. High tech sector took up almost  one-third of the funding. US investment in China grew significantly  in January...

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Alibaba’s Ant Financial buys UK currency exchange giant WorldFirst reportedly for around $700M

Alibaba’s Ant Financial buys UK currency exchange giant WorldFirst reportedly for around $700M

Ant Financial, the financial services behemoth affiliated with Chinese e-commerce giant Alibaba, has made its first big move into Europe. It’s acquired London-headquartered payments company WorldFirstin a deal that sources tell us is valued at...

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Chemspace and LabNetwork collaborate to extend access to chemical databases

Chemspace and LabNetwork collaborate to extend access to chemical databases

Chemspace and LabNetwork, a WuXi AppTec company, both online marketplaces for chemical compounds used in drug discovery, today announced they have entered into a collaboration agreement. Under the agreement, LabNetwork’s products will be...

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Burning Rock announces the completion of the Series C financing of RMB 850 million and strives to build an international leading tumor precision medicine brand

Burning Rock announces the completion of the Series C financing of RMB 850 million and strives to build an international leading tumor precision medicine brand

On February 14, 2019, Burning Rock held the signing ceremony and announced the closing of the Series C financing totaling RMB 850 million. The financing was led by GIC, followed by LYFE Capital, CMB International Capital, Lilly Asia Ventures...

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Bioheng Closes $15 Million Funding from Decheng Capital for CAR-T Products

Bioheng Closes $15 Million Funding from Decheng Capital for CAR-T Products

Nanjing Bioheng Biotech completed a $15 million Series A financing, with all of the funds invested by Decheng Capital. Bioheng, which focuses on cell therapy products, is developing a universal CAR-T product that it expects will lower the cost of...

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Asia shares cautious, seeking Sino-U.S. clarity

Asia shares cautious, seeking Sino-U.S. clarity

Asian stock markets were in a cautious mood on Thursday as investors hung on for any hint of progress in the latest Sino-U.S. tariff talks amid reports the White House could extend the deadline for a deal. Bloomberg reported President Donald...

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Alipay, The World’s Leading Digital Payment Platform, Now Available at Thousands of Walgreens Stores Nationwide

Alipay, The World’s Leading Digital Payment Platform, Now Available at Thousands of Walgreens Stores Nationwide

Alipay, the world’s leading digital payment platform, operated by Ant Financial Services Group, and Walgreens, today announced a collaboration that will bring Alipay’s mobile payment platform to thousands of Walgreens locations...

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Allcure Kangtai Selects Mevion Compact Proton Therapy System to Equip Hospital in Southwest China

Allcure Kangtai Selects Mevion Compact Proton Therapy System to Equip Hospital in Southwest China

Mevion Medical Systems announced today it has signed a contract with Allcure Kangtai Proton Technology Co., Ltd. in China for the purchase of a MEVION S250i Proton Therapy System® with HYPERSCAN® Pencil Beam Scanning technology in late December...

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