The closing of Welkin Capital's second fund sees the GP pairing a formalized PE investment approach with the industry connections forged in its family office origins
Justino Liang’s ancestors co-founded Hang Seng Bank and The Mira Group in Hong Kong, and David Zhang’s family made household cleaning products for Shanghai White Cat and toothpaste for Darlie. Johnny...
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.