PGA of America deals a multiyear partnership with Mission Hills Group

China Daily

Chen Xiangfeng, Shenzhen, China (Nov 27, 2018) 

The PGA of America has announced a multiyear partnership with China's Mission Hills Group and PacificPine Sports Group that will see the launch of three PGA Golf Academies in China.

The partnership between the PGA of America—one of the world's largest sporting organizations, with a membership of nearly 29,000 golf professionals; and Mission Hills, the world's largest golf facility, with 22 golf courses across two locations—will see two PGA of America Academies established at the Mission Hills Shenzhen resort in southern China and a third academy at the Mission Hills Haikou resort on Hainan Island. (Read More)

Frank Au
PGA of America and PacificPine Group Partner to Develop Youth Development Centers in China

PacificPine Sports Group

Palm Beach Gardens, FL | Shenzhen, China | Hong Kong (Aug 3, 2018) 

The PGA of America and China-based PacificPine Sports Group are partnering to develop state-of-the-art youth golf development centers in China.

The partnership will offer grassroots instruction programs at “PGA of America Youth Development Centers” across China to introduce and grow the game of golf for boys and girls. 

PGA Professionals will oversee the development and implementation of the business. In addition, PGA Professionals will also lead instruction programs at the PGA of America Youth Development Centers. (Read More)

Frank Au
Series B fundraising led by C-Bridge Capital to commercialize high-value pharmaceutical

NUANCE BIOTECH INC

Shanghai, China (June 27, 2018)

Nuance Biotech, a China-based specialty pharmaceutical company, today announced Series B fundraising of US$20 million with additional capital US$15 million tied to its acquisition of new products, led by C-Bridge Capital, a private equity firm focused on development and commercialization opportunities within the growing Chinese healthcare market, and Neo Zhang, Managing Director of C-Bridge Capital, will join the board of Nuance. The Series B round prepares Nuance for the rapid expansion of portfolio of innovative pharmaceutical products, leveraging C-Bridge Capital’s extensive global network to help identify high-value licensing… (Read More)

Frank Au
A Basketball Academy with Global Impact

FIVE-STAR SPORTS GROUP LIMITED

Shenzhen, China (June 26, 2018)

Five-Star Sports and Shenzhen (Nanshan) Concord College of Sino-Canada have entered into a groundbreaking partnership to form a first-of-its-kind American Basketball Academy here in Shenzhen. This Academy will give local Chinese students the opportunity to receive a top level education on and off the court. Student athletes who join in this program will be challenged upon graduating to compete athletically and academically at the next level in the USA, Canada and China.

This partnership was formally announced on Saturday, May 26, 2018 when the Concord College of Sino-Canada held their first of four open house events, revealing... (Read More)

Frank Au
Pacira Pharmaceuticals and Nuance Biotech Announce License Agreement for EXPAREL® in China

PACIRA PHARMACEUTICALS, INC.

Parsippany, NJ and Shanghai, China (June 20, 2018)

Pacira Pharmaceuticals, Inc. (NASDAQ:PCRX) and Nuance Biotech Co. Ltd (Nuance) today announced that they have entered into an agreement with Nuance, a China based specialty pharmaceutical company, to advance the development and commercialization of EXPAREL® (bupivacaine liposome injectable suspension) in China. EXPAREL is a non-opioid option for achieving long-lasting pain control after surgery via infiltration into the surgical site or administration as an interscalene brachial plexus nerve block. “We are thrilled to expand the commercial opportunity for EXPAREL to China with a strong locally-based partner,” said Dave Stack, chairman... (Read More)

Frank Au
After matching 140 million Chinese singles, Zhenai’s founder sets sights on marrying AI to blockchain

South China Morning Post

Kate Whitehead, Hong Kong (May 18, 2018) 

Li Song says he doesn’t like that a few internet giants monopolise data and traffic, which is detrimental to entrepreneurship, and is eager to see decentralised applications.

Li Song has the qualities of a textbook serial entrepreneur: he loves talking about ideas, is capable of putting them into action, knows how to pivot when things don’t pan out and has a huge appetite for risk. That appetite for risk has paid handsome dividends.

In November last year, he sold a controlling stake in his online matchmaking business, Zhenai.com, to PAG Asia Capital, one of Asia’s largest private equity firms... (Read More)

Frank Au
荷马金融宣布完成3000万A+轮融资

中国网财经

记者 宫钰, 香港 (2018年5月9日)

荷马金融在香港宣布获3000万元A+轮战略融资。投资方有Venturous(创始人谭秉忠)、Second Bloom Company Limited(创始人关明生)、TDF Impact Investment Corp(创始人汝林琪)。荷马金融创始人兼CEO叶程坤表示,公司已初步完成全球化战略布局,本轮融资的资金将主要用于组建国际化金融团队、技术升级、品牌建设及开展证券托管服务。

 荷马金融由前阿里巴巴高管和华尔街金融机构高管联合创立,是在中国财富管理领域具有竞争优势的全球资产配置平台,专注为中国财富新贵提供资产管理、财富管理和金融科技等信息、产品和咨询服务。(Read More)

Frank Au
PAG Acquires Control of ZHENAI.COM, China’s Largest Online Matchmaking Business

Zhenai Inc.

Shenzhen, China (November 20, 2017)

Zhenai Inc., China’s largest online matchmaking and dating service provider, announces that PAG, one of the largest investment firms in Asia, has closed the acquisition of a super-majority controlling interest in Zhenai. The transaction size is not disclosed.

Founded in 2005 by Dr. Li Song, a successful entrepreneur, Zhenai has grown to become a leader in the online and offline dating and matchmaking business in China. It currently serves over 140 million registered members and it is expected to generate revenues of more than RMB1.6 billion (US$240 million) and net profit... (Read More)

Frank Au