Having made their fortunes turning start-ups into internet behemoths, Chinese tech founders are increasingly turning to family office structures for wealth management. It is an evolutionary process
Pony Ma’s elevation to the status of China’s wealthiest individual in the latest Hurun Global Rich List reflects a wider economic rebalancing. In supplanting Hui Ka Yan of Evergrande, the Tencent Holdings...
Investors appear to be discounting Asia risk in the face of rising political concerns, ranging from North Korea to Myanmar
Chinese electric vehicle maker CHJ Automotive has completed a RMB3 billion ($474 million) Series B round led by Matrix Partners China and Shougang Fund, an investment firm backed by state-owned steel producer Shougang Corporation.
Naspers has sold a small portion of its stake in Tencent Holdings – the Chinese internet giant in which it acquired an approximately one-third stake for $32 million 16 years ago – for HK$76.9 billion ($9.8 billion).
Shunwei Capital has led a $25 million Series B round for ScaleFlux, a hardware firm based in the US and China.