USD Fund III received capital commitments from institutional and individual investors across Europe, Asia, and the Middle East

China Renaissance's first half report reveals $26 million profit, after booking major losses last year

ZTE sells stake in software unit to Jack Ma-backed firm; English learning app Laix Inc. raises $72 million in U.S. IPO; Biotech firm responds to accusations, sees stock price bounce back

China Renaissance Group, which helped create ride-hailing giant Didi Chuxing, plans to go public before end of this month

China Renaissance made its name advising on mergers, including Meituan, Dianping tie-up

Huge drop-off seen in such mergers and acquisitions in 2017 from busy previous year, as Beijing heightens scrutiny