China VC Reaches For Ceiling
More China funds are popping up as venture capital tilts away from the Silicon Valley epicenter and toward emerging Chinese tech startups.
Sinovation Ventures debuted a $500 million fourth fund while Sky9 Capital launched a $200 million third fund. Sinovation Ventures, led by AI guru and former Google China executive Kai-Fu Lee, is investing in artificial intelligence, robotics and education startups. Sky9 Capital, headed up former Lightspeed China founder Ron Cao, focuses on backing early-stage Chinese companies in the Internet, enterprise and deep tech sectors.
In the wings is a new venture fund from China Creation Ventures, a spin-out by the former team of Kleiner Perkins China and led by founding managing partner Wei Zhou. Additionally, Sequoia Capital China is raising a $550 million China venture fund, its seventh, and a $150 million seed fund for China, its first.
Wonder if it’s too much capital chasing China startups?
Read Forbes: China venture ceiling

NEW FUNDINGS
Full Truck Alliance Group, China’s biggest app for Uber-like truck services, reportedly raised $1.9 billion in funding to fuel its expansion at a valuation of $6.5 billion with backers including SoftBank Vision Fund, China Reform Fund, GSR Ventures and Alphabet Inc.’s CapitalG. Existing investors Tencent Holdings Ltd. and Sequoia Capital also were involved in the round.
Keep on truckin.

Chinese biotech startup NuProbe has bagged $11 million in a Series A round co-led by Sequoia Capital China and hedge fund Serica Partners, plus corporate strategic investor WuXi AppTec.

Silicon chipmaker Innovium raised $77 million in a Series D funding from veteran chip investor Walden International.

Want to know how competitive the cryptocurrency market is for venture capital funding? Consider that Sequoia China sued the founder of crypto trading exchange Binance for failing to honor an exclusivity agreement during negotiations, and sought an injunction against the founder, well-known as CZ, from negotiating with other investors. Sequoia had offered Binance a term sheet for a $9.5 million, Series A investment for a 12% stake in Binance. A Hong Kong court recently struck down the injunction.

IPOs
Chinese ride-hailing leader Didi Chuxing is preparing for an IPO as early as this year at a valuation of $70 billion to $80 billion, up from its most recent venture funding valuation of $57.6 billion. Didi could beat Uber to the public markets.

NOTEWORTHY
Image recognition has caught on in China in a big way. Beijing airport security checks scan your passport and face at the same time before sliding your luggage through. And parking garages are scanning license plates on cars to whisk drivers through the toll gate. No more reaching for paper tickets out the car window.

Anyone that believes that Apple will discontinue the iPhone X or that iPhone sales are down has not been to China. If anything Apple will make an X+ and make it bigger and more expensive. iPhone shipments to China were up 32% in Q1 2018, and Apple’s share of the Chinese smartphone market rose to 14.3% from 10% a year ago.

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NEW FUNDINGS
Full Truck Alliance Group, China’s biggest app for Uber-like truck services, reportedly raised $1.9 billion in funding to fuel its expansion at a valuation of $6.5 billion with backers including SoftBank Vision Fund, China Reform Fund, GSR Ventures and Alphabet Inc.’s CapitalG. Existing investors Tencent Holdings Ltd. and Sequoia Capital also were involved in the round.
Keep on truckin.

Chinese biotech startup NuProbe has bagged $11 million in a Series A round co-led by Sequoia Capital China and hedge fund Serica Partners, plus corporate strategic investor WuXi AppTec.

Silicon chipmaker Innovium raised $77 million in a Series D funding from veteran chip investor Walden International.

Want to know how competitive the cryptocurrency market is for venture capital funding? Consider that Sequoia China sued the founder of crypto trading exchange Binance for failing to honor an exclusivity agreement during negotiations, and sought an injunction against the founder, well-known as CZ, from negotiating with other investors. Sequoia had offered Binance a term sheet for a $9.5 million, Series A investment for a 12% stake in Binance. A Hong Kong court recently struck down the injunction.

IPOs
Chinese ride-hailing leader Didi Chuxing is preparing for an IPO as early as this year at a valuation of $70 billion to $80 billion, up from its most recent venture funding valuation of $57.6 billion. Didi could beat Uber to the public markets.

NOTEWORTHY
Image recognition has caught on in China in a big way. Beijing airport security checks scan your passport and face at the same time before sliding your luggage through. And parking garages are scanning license plates on cars to whisk drivers through the toll gate. No more reaching for paper tickets out the car window.

Anyone that believes that Apple will discontinue the iPhone X or that iPhone sales are down has not been to China. If anything Apple will make an X+ and make it bigger and more expensive. iPhone shipments to China were up 32% in Q1 2018, and Apple’s share of the Chinese smartphone market rose to 14.3% from 10% a year ago.

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Mulan, from China, create a Peace Sign Drum Circle and perform in tribute to the International Day of Peace in the broadcast for www.peacedayparty.org September 21.

Mulan is bringing Peace, Harmony, Love and Joy to the World

Good News needs your help for the www.peacedayparty.org events for September 21, 2015. Please go to the website and participate, with your help we can get the whole world to celebrate International Peace Day. Zhen Joy Lin Dame of St. John of Jerusalem and president of World Water Rescue Foundation and Vice President of Good News Broad Cast was invited to watch Red Poppy Ladies’ production of Mulan which was invited to perform at three Olympic Games( Beijing, London and Athens) and Washington DC Kennedy Art Center, Sydney Opera House and Broad show last year and about 50 different countries.

The New York Times praised the show calling it: “Exciting, Sharp & Graceful.” The New York Times gave the show a score of 9.99 out of 10. The brilliance of Mulan is not only told in the story of how she saved her father and country but also through the themes of Peace, Harmony, Love and Joy to the World.  This is shown through her filial piety (Chinese: 孝xian) , as it is called in Confucian philosophy and through the brave, courageous, and bold Red Drum which shakes the Sky, Earth, Water, Fire and even the universe to bridge ancient and modern times, and between East and West, forming a family. Dame Zhen Joy Lin is the representation of the modern Mulan, of which is a symbol of peace, love and joy. This correlates with the United Nations International Day of Peace.

北京红樱束打击乐团有限公司

北京红樱束打击乐团有限公司

网站

www.mulanthemusical.com

Mulan

Clever Mulan disguises herself as a male soldier named “Ping” to bravely take her father’s place in the Imperial Army.

movies.disney.com                        preview by Yahoo

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The event has received great support from the Publicity Department of CPC Shanghai Committee and the Consulate General of the People’s Republic of China in New York.

Some notable guests for the reception will include:

SUN Guoxiang (Consul General)
XU Lin (Minister of Publicity Department of CPC Shanghai Committee/ Member of the Standing Committee of CPC Shanghai Committee)
QIU Xin (President of Shanghai United Media Group)
WANG Jianjun (Executive Vice President of Shanghai Media Group)
REN Zhonglun (Chairman and President of Shanghai Film Group)
HU Minghua (Director of Shanghai Municipal Culture Management Division)
WAN Minmin (Deputy Director of Information Office of Shanghai)

www.sinovision.com

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Who Is Dr. and Master Zhi Gang Sha? Master Sha shares his soul with Good News. Paul Sladkus shares that he just had colon sugergy and asks how to heal and deal with the situaton. He also asks Master Sha on how to proceed with the International Day of Peace event that needs fortitude and financial backing to happen.

Master Zhi Gang Sha is a soul revolutionary who brings the power of soul to humanity. Soul can heal. Soul can transform all life.

With an M.D. in conventional modern medicine and early mastery of traditional Chinese medicine, Master Sha has long been a renowned healer. He is also a grandmaster of all of the major ancient Chinese disciplines, including tai chi, qi gong, kung fu, the I Ching and feng shui. Through four-thousand-year-old lineages, he holds powerful ancient wisdom and secrets of healing, rejuvenation, longevity and the spiritual journey. Above all, he is a special chosen divine servant, vehicle and channel who brings us the treasures of divine soul power.

He shares profound soul secrets, wisdom and knowledge, as well as simple and practical soul power techniques through his bestselling books and more. Enter the universe of soul over matter with Dr. and Master Zhi Gang Sha.

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