JD.com’s finance arm is fundraising at a $20 billion valuation

JD.com's finance arm is looking to raise about $1.9 billion in fresh equity. The unit of China's second-largest e-commerce firm is seeking to deepen its push into areas such as securities, banking and insurance. The fundraising by JD Finance kicked off ... ( read original story ...)

China Unicom aims to reap rewards from ties to new shareholders

HONG KONG (Reuters) - Telecoms group China Unicom plans to lean on some of China’s biggest technology and financial firms who have recently become its shareholders to drive compounded annual pre-tax profit growth of 68.7 percent through 2020 at its ... ( read original story ...)