Tibet Mining: it is estimated that the net profit in 2021 will be 110 million yuan - 165 million yuan to turn losses into profits

CCRC In China: A Rosy Picture for a Silver Future, but Still a Greenhorn Venture

The model of elderly care service represented by the United States, the Continuing Care Retirement Community (CCRC), is gradually attracting attention in China.

Haitian Acquires Hong Kong’s Amoy Food to Add an Established Overseas Platform

Foshan Haitian Flavouring and Food（海天味业）has completed the acquisition of all equity interests in Amoy Food Limited（淘大）, the Hong Kong food brand founded in 1908. The deal gives China’s leading condiment producer an established international brand and sales network, rather than requiring it to build overseas distribution market by market.

Kaiying Network Plans Indirect Wemade Stake Through US$298 Million Investment

Kaiying Network（恺英网络）plans to invest an estimated USD 298 million to acquire a 49% interest in an offshore vehicle connected to the proposed takeover of Wemade Co., Ltd., the South Korean game developer and original rights holder of the Legend of Mir IP. If completed, the transaction would give the Chinese publisher an indirect economic interest of about 19.7% in Wemade, based on the buyer vehicle’s planned 40.25% holding.

Zhipu AI Launches US$5 Billion Financing to Fund Next-Generation Models and Computing Infrastructure

Chinese foundation-model developer Zhipu AI（智谱）, listed in Hong Kong as Z.AI, has launched approximately US$5 billion in financing through a share placement and convertible bond offering. The transaction would substantially expand its funding for model development and computing infrastructure, highlighting the role of Hong Kong’s capital markets in financing China’s AI industry.

Vanke Property Services Unit Aims A Billion-USD IPO

Onewo, formerly known as Vanke Service, was once the property service department of Vanke. The company’s earliest official announcement that it would split Onewo to go public was in 2021.