Tony Jiang spent a decade at The Carlyle Group before co-founding Ocean Link, China’s first travel and tourism-focused PE firm. He shares his thoughts on the rise sector specialization
Q: What was the rationale behind establishing a sector-focused fund? A: In 2006, when I joined Carlyle, we would spend six months on a deal and see almost no competitors. Now it has become much more...
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.