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Kane Wu

Jeff Mason is a White House Correspondent for Reuters and the 2016-2017 president of the White House Correspondents’ Association. He was the lead Reuters correspondent for President Barack Obama's 2012 campaign and interviewed the president at the White House in 2015. Jeff has been based in Washington since 2008, when he covered the historic race between Obama, Hillary Clinton and John McCain. Jeff started his career in Frankfurt, Germany, where he covered the airline industry before moving to Brussels, Belgium, where he covered the European Union. He is a Colorado native, proud graduate of Northwestern University and former Fulbright scholar.

Twitter handle: @jeffmason1

Feb 14 2018

China's Harbin Pharma to buy stake in U.S. health retailer GNC

HONG KONG China's state-controlled drugmaker Harbin Pharmaceutical Group Holding Co will buy an about 40 percent stake in U.S. nutritional supplements retailer GNC Holdings Inc for $300 million and are in talks for a joint venture in China, the companies said.

Jan 31 2018

Sequoia Capital plans $8 billion global fund, eyes China investors: sources

HONG KONG Sequoia Capital, an early investor in global tech behemoths like Google Inc and Apple Inc, aims to raise up to $8 billion in its largest-ever fundraising and has set sights on Chinese investors, people familiar with the plan told Reuters.

Jan 26 2018

HNA Group sells Sydney building to Blackstone for $161 million: sources

HONG KONG China's HNA Group has reached a deal to sell a building in Sydney to Blackstone Group for about $161 million, two people with direct knowledge of the matter said, as the embattled company divests some holdings and seeks new funding.

Jan 25 2018

China's Kuaishou in $1 billion Tencent-led funding round, eyes IPO: sources

HONG KONG Chinese live-video streaming start-up Kuaishou, backed by Tencent, is nearing the close of a $1 billion funding round led by the tech giant and plans to list as soon as this year, three people familiar with the matter said.

Jan 25 2018

China streaming firm Kuaishou in $1 bln Tencent-led funding round, eyes IPO -sources

HONG KONG, Jan 25 Chinese live-video streaming start-up Kuaishou, backed by Tencent, is nearing the close of a $1 billion funding round led by the tech giant and plans to list as soon as this year, three people familiar with the matter said.

Jan 24 2018

Exclusive: Beijing plans to boost scrutiny of Chinese offshore private equity funds - sources

HONG KONG China plans to tighten oversight of private equity funds set up outside the country by domestic companies, including the disclosure of investors' identities, to mitigate financial risk and keep tabs on a new wave of offshore fund-raising, four people familiar with the matter said.

Jan 24 2018

Baidu seeks new investors for finance unit in up to $2 billion deal: sources

HONG KONG Chinese search engine Baidu Inc is seeking new investors for its wholly-owned finance unit, in a deal that could fetch up to $2 billion and deepen its push into financial services, people with knowledge of the matter said.

Jan 24 2018

Hong Kong exchange says companies enquiring about dual class share system

HONG KONG Hong Kong Exchanges and Clearing (HKEX) said on Wednesday it had received enquiries from companies for dual-class share listings as both it and the Singapore bourse gear up to allow such initial public offerings.

Jan 23 2018

Japan's Orix invests $60 mln in Chinese P2P lender Dianrong -sources

TOKYO/HONG KONG, Jan 23 Orix Corp has invested $60 million in peer-to-peer lending platform Dianrong, in what is the Japanese financial firm's first investment in a Chinese fintech venture as it looks to tap into the fast-expanding sector, sources said.

Jan 21 2018

China's Pou Sheng gets $1.4 billion offer to go private, shares soar

HONG KONG Pou Sheng International (Holdings) Ltd said it had got a proposal from its Taiwanese parent Pou Chen Corp to be taken private in a deal valuing the firm at $1.4 billion, sending shares in the Chinese sportswear retailer up 31 percent.

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