China’s Alibaba Group has created a HK$1 billion ($129 million) non-for-profit foundation to support Hong Kong start-ups.
3i Infrastructure, Morgan Stanley Infrastructure Partners and Star Capital Partners have agreed to sell Eversholt Rail Group, one of the UK’s three major rolling stock operators, to a consortium led by Hong Kong-based Cheung Kong Infrastructure (CKI)...
For Hong Kong-based financial technology start-up WeLab, setting up a peer-to-peer lending (P2P) platform was never the priority. Rather, the company wanted to develop and leverage its capabilities in the design of internet finance products and big data...
DST Global founder Yuri Milner, Iconiq Capital and a joint venture between China Post and TOM Group have been added to Hong Kong-based internet finance start-up WeLab’s Series A round, taking the total raised to $20 million.
Crystal Stream Capital has led a $10 million for Lalamove, a Hong Kong-based mobile app for on-demand delivery services.
L Capital Asia, is participating as a cornerstone investor in Greater China out-of-home advertising company Asiaray Media Group’s Hong Kong IPO, which is targeting up to HK$772.2 million ($99.5 million).
The Carlyle Group has agreed to acquire General Electric’s (GE) interest in Asia Satellite Telecommunications (AsiaSat) for up to HK$3.75 billion ($483 million) and then make a buyout offer for the Hong Kong-listed company.
Wiser Capital Management, a recently formed alternative investment firm, has officially launched operations by opening an office in Hong Kong.
AIA Group has teamed up with early-stage investor Nest to form a Hong Kong-based accelerator that will support start-ups with technologies relevant to the insurance and healthcare industries.
Innovation hubs have traditionally been defined by the size of their immediately addressable market. But with better access to capital, information and technology, some Asian jurisdictions are going global
Orchid Asia has taken a minority stake in Shanghai La Chapelle, a PE-backed ladies apparel manufacturer that listed in Hong Kong last month, for HK$122 million ($16 million).
Luye Pharma Group, a PE-backed Chinese drug maker, has taken full ownership of its industry peer Beijing Jialin Pharmaceutical, acquiring a 42.02% interest from existing PE shareholders.
Morgan Stanley Private Equity Asia (MSPEA) has invested an undisclosed sum in AMTD, Hong Kong’s leading independent financial planner (IFA) and insurance broker.
Placement agent MVision has hired Michelle Paisley and Dennis Kwan as managing directors in its Hong Kong office. They will join founder and CEO, Mounir Guen, who recently moved to Hong Kong to lead the firm's Asia expansion.
CDH Investments, the largest PE shareholder in WH Group, will return capital to LPs by pledging shares in the Chinese pork processor worth an estimated HK$12.6 billion ($1.6 billion).
Qatar Investment Authority (QIA) has bought a 19.9% stake in Lifestyle International Holdings – a Hong Kong-listed retailer whose properties include SOGO department stores – for HK$4.78 billion ($616.2 million).
CVC Capital Partners will raise HK$620 million ($80 million) through a block trade of shares in Jintian Pharmaceutical Group, a Chinese pharmaceutical retailer and distributor.
Ladies apparel maker Shanghai La Chapelle, which is backed by a string of PE investors, plans to raise HK$2.21 billion ($285 million) through an IPO in Hong Kong.
The Hong Kong Jockey Club has substantially increased its investments in alternative assets as part of efforts to diversify its holdings and achieve stronger returns.
Taiwan’s Fubon Group, Hong Kong's Media Asia and South Korean music giant SM Entertainment have established a media-focused fund to jointly invest in Chinese film and TV production.
CITIC Private Equity will exit a 10.26% stake in Beijing Jialin Pharmaceutical after Luye Pharma Group, a Chinese drug maker, agreed to buy a majority stake in its industry peer.
Three Hong Kong youngsters came up with an idea to supply disposable lunchboxes to local restaurants for free and make a return by selling display advertising on the products.
Former Groupon CEO for Hong Kong and Taiwan Danny Yeung raised a $10 million seed-stage investment fund following the launch of his new venture capital firm SXE Ventures.
Centurion Private Equity has led a $6.5 million Series A round investment in Hong Kong-based GoGoVan, a mobile app for on-demand delivery services.