Qunar, China’s travel booking service, raised USD167 million in initial private offering on its first day of trade.

The term sheet indicated a USD150 million note with a maturity of five years for Modern Land offered to the bond market.

Paracetamol is an active ingredient in many drug formulations which now is subject to a USD787 per tonne anti-dumping duty.

Beijing-based wind farm operator China Longyuan Power Group Corp won a bid to jointly develop wind farms with local companies in South Africa.

Despite saying the deal is finalized, a Dongfeng executive said it may take a bit more time before its completion.

A projected USD150 million would be earned when 500.com lists its shares for an IPO at the New York Stock Exchange.

Chinese government think-tank Development Research Center had proposed a lift of the ban to sell bonds in order to reduce its local governments' USD4 trillion debt.

China-based Alibaba said it understood the importance of big data in driving its e-commerce business.

Series A funding round for FIELDS raised USD5 million led by ClearVue Partners. The premier online grocery store in Shanghai, FIELDS, with its strong focus on safety, freshness and quality, announced a USD5 million Series A investment round.

The Russia China Investment Fund acquired the Russian Forest Products Group. The Russia-China Investment Fund had announced the completion of an acquisition of an approximately 42% stake in RFP Group, a leading forestry holding firm in the Far Eastern region of Russia.