The fintech ‘Moguyun.com’ won a A-round financing of $42 million led...
"Moguyun.com", a fintech company, won $42 million A-round of financing led by KIP and followed by Richland Equities and South China Venture Capital. This...
Rostec’s net profit exceeded $2 billion in 2018
The revenue of Rostec State Corporation in 2018 reached $26 billion (RUB 1,642 trillion), with almost two-thirds of it accounting for sales of civilian...
China to invest over 1t yuan in 5G tech by 2025
China's investment in 5G technology is expected to exceed one trillion yuan ($145 billion) in the next five years, driving the total economic output...
Rostec is ready to expand international cooperation in 5G
The enterprises of Rostec State Corporation have started creating Russian equipment for fifth generation mobile communications. The equipment will comply with international 3GPP standards,...
Hong Kong’s Fosun Launches Fourth Edition of Its Global Acceleration Program...
Fosun, Hong Kong’s investment firm and its portfolio companies Fidelidade, Luz Saude and Hauck & Aufhauser have announced the fourth edition of– Protechting –...
Rostec to produce inflatable buildings
Ruselectronics holding company (part of Rostec) will introduce to the market new pneumo-frame inflatable modular buildings, intended for quick erection of temporary structures, such...
A look at China’s H1 economic data
China's economic growth remained steady in the first half of 2019 despite headwinds, with a number of conditions supporting high-quality development, according to the...
Zenit M camera demonstrated for the first time in China
Shvabe holding (part of Rostec) and the Krasnogorsk plant named after S. A. Zverev have presented the Zenit M camera and Zenitar 0,95/50 lens...
‘Zhongneng United’ has received ￥1 billion of financing from several first-tier...
"Zhongneng United", a B2B enterprise of engineering equipment service, announced the completion of ￥1.5 billion yuan of financing which was jointly invested by the...
Rostec will promote a civilian version of Udav gun with a...
The Central Research Institute of Precision Engineering (TsNIITochMash, part of Rostec) has begun preparations for the certification of the sports version of the newest...
Gamma data: China’s game market revenue in the first half of...
China's game industry remained strong in the first half of 2019, generating revenue of 116.31 billion yuan ($16.9 billion), with a 10.8 percent year-on-year...
Rostec to increase amber exports by 1.5 times in 2019
Kaliningrad Amber Combine (part of Rostec) plans to export 283.5 tonnes of amber with the total amount of $27 million (1.7 billion rubles) this year,...
