Alibaba is investing $732 million in Chinese ecommerce site Taobao, according to The Inquisitr. According to the Inquisitr:Taobao has created an e-commerce ecosystem consisting of 80 million users,…

A Reuters report in the International Herald Tribune today says that private equity firms Bain Capital and Silver Lake have submitted formal offers for a stake in China's largest mobile phone…

The Street was among several news sources that reported earlier this week on Warren Buffett's move into China. Buffett's MidAmerican Energy Holdings Co., has announced plans to invest about…

Private equity firms Hikari Private Equity and Susquehanna International Group China have invested $20 million in the video sharing site 56.com, according to Personal Bee.

Several other partners were involved in the funding package, including Adobe, Disney's VC fund, and CID Group. This was the second round of funding for 56.com.

Cn Blognation has pointed out that private equity and venture capital firms seem to be in love with video sites in China. The top six such sites have gotten well over $100 million in funding this year.

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After making its debut investment earlier this month in a basic industrial sector of the Chinese economy, China’s first home grown private equity fund is continuing to take a different path than foreign PE funds in China – by investing in banking.

The Bohai Fund announced last week that it is buying a ten percent stake in Chengdu City Commercial Bank Co. for around billion yuan (about US$135 million), according to Wall Street Journal writer Rick Carew.

The deal was formally announced on Thursday, November 23, according to the China Economic Review. This was the second investment in Chengdu City Bank in the last few months. While foreign PE funds have avoided banking, Malaysian businessman Quek Leng Chan invested almost two billion yuan in the bank in October, obtaining just under a 20% stake according to ChinaRealNews. Quek invested the money through Hong Leong Bank Bhd., whicc he owns.

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