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Chinese medical equipment provider Hygea bags $77m in Series C round

Chinese medical equipment provider Hygea bags $77m in Series C round April 26, 2021 Chinese oncology-focused medical devices firm Hygea Medical Technology Co., Ltd has closed its Series C round of financing after raising 500 million yuan ($77 million), according to a company statement on Monday. Its latest funding was led by China-focused seed and early venture investor China Growth Capital. A joint fund of the Guangzhou city government and China Reform Holdings participated in the round, along with Sinopharm Capital and BioTrack Capital. AI firm SenseTime also joined the funding as a strategic investor. Chinese leading investment bank China Renaissance served as the exclusive financial advisor.

Qianfu huangInternational jianxing medical fundHygea medical technology co ltdFudan university shanghai cancer centerChina reform holdingsCancer hospital chinese academy of medical scienceChina growthSinopharm capitalChina renaissanceBeijing cancer hospitalCancer hospital chinese academyMedical scienceJianxing medical fundChina growth capitalLilly asia venturesHillhouse capital

Tory anger as Kwarteng backtracks on move to prevent hostile takeovers

Business Secretary Kwasi Kwarteng faces a furious backlash from his own party after he moved to water down rules designed to prevent hostile foreign takeovers of British firms. Kwarteng has caused tensions with fellow Conservative MPs after he quietly tabled an amendment to the National Security and Investment Bill – which aims to impose stringent safeguards on foreign ownership of UK companies – to cut the number of deals that are monitored. The bill comes amid growing concern that Chinese companies, with close ties to the Communist regime in Beijing, have been able to buy up strategic assets in defence, energy, communications and technology to gain a back door into the UK.

United kingdomUnited statesIain duncan smithCraig mackinlayKwasi kwartengBoris johnsonImagination technologiesHenry jackson societyDepartment for businessNational securityChina reform holdingsBusiness secretary kwasi kwartengInvestment billSir iain duncan smithFormer toryPrime minister

Is trade deal with China a dangerous move for EU?

ANI | Updated: Feb 25, 2021 15:15 IST Athens [Grecce], February 25 (ANI): December 2020, European Union (EU) landmark trade deal - the Comprehensive Agreement on Investment (CAI) with China, that aims to liberalise trade between Beijing and Brussels, may prove to be a dangerous move for Europe. Since the signing of the deal by Chinese Premier Xi Jinping, there is a mounting concern in the European Parliament over China s human rights record on issues, including alleged forced labour camps and a crackdown in Hong Kong against anti-government protestors, reported Greek City Times. The trade deal raises questions over the credibility of the European Union as the champion of human rights as it has overlooked China s human rights violations and security aspects in signing the deal. It has handed China an important victory.

United statesUnited kingdomHong kongBruxelles capitaleEuropean parliamentEuropean union meps to commissionChina reform holdingsChinese communist partyImagination technologiesInternational labour organisationEuropean unionComprehensive agreementChinese premier xi jinpingGreek cityPresident xi jinpingEuropean commission president ursula

Pitfalls of EU-Comprehensive Agreement on Investment deal

Pitfalls of EU-Comprehensive Agreement on Investment deal
theuknews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theuknews.com Daily Mail and Mail on Sunday newspapers.

United statesUnited kingdomHong kongBruxelles capitaleEuropean parliamentEuropean union meps to commissionChinese communist party theyChina reform holdingsChinese communist partyImagination technologiesInternational labour organisationEuropean unionComprehensive agreementChinese premier xi jinpingGreek cityPresident xi jinping

Pitfalls of EU-Comprehensive Agreement on Investment deal

Pitfalls of EU-Comprehensive Agreement on Investment deal
shanghainews.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from shanghainews.net Daily Mail and Mail on Sunday newspapers.