China-focused GPs are cautious about partnering with Chinese corporates on outbound M&A deals, although there is increasing demand for their support in terms of identifying acquisition targets and facilitating post-investment integration.
VC-backed Chinese online shopping and social networking platform Mogujie has agreed to take control of rival Meilishuo.com in a stock-swap deal. It is thought the combined entity would be worth approximately $3 billion.
China-based Hopu Investments and YuanMing Capital have led a $200 million investment in US-based cancer treatment specialist Mevion Medical Systems.
A consortium of Chinese investors including Shanghai Fosun Pharmaceutical Group, Hopu Investments, CEL Healthcare Fund and WuXi PharmaTech will acquire Ambrx, a US-based biotech pharmaceutical developer.
China International Capital Corporation (CICC) has appointed Mingjian Bi, formerly investment banking chief in CICC and a partner at Hopu Investment Management, as its new CEO.
Chinese smartphone maker Xiaomi has raised $1.1 billion further round led by Hong Kong-based All-Stars Investment. DST Advisors, Singapore’s GIC Private, Hopu Investment Management and Yunfeng Capital have also participated.
Hopu Investments has agreed to acquire up to 15% of Paladin Energy as part of a A$205 million ($178 million) capital raising effort by the Australian uranium miner.
French dairy giant Danone will buy a 25% stake in PE-backed Chinese infant formula maker Yashili from majority shareholder China Mengniu Dairy for HK$4.4 billion ($567 million).
Chinese agricultural conglomerate COFCO Corporation is looking to list some of its assets, including Noble Group’s agribusiness unit and Dutch grain trader Nidera Holdings, both of which were acquired with PE support.
Boyu Capital and several Chinese strategic investors have joined a consortium that has committed $2.5 billion to Global Logistic Properties (GLP), a Singapore-listed warehouse operator.
A group of private equity investors, including CICC Capital, RRJ Capital and Hopu Investment Management, have invested in Hong Kong-listed Sinopec as the Chinese oil refiner agreed to sell a RMB107.1 billion ($17 billion) stake in its retail business.
Mogujie, a Chinese online shopping platform and social network, has raised $200 million in a Series D round of funding led by Hopu Investments and Trustbridge Partners. Existing investors Qiming Venture Partners and IDG Capital Partners also participated.
KKR, Baring Private Equity Asia, Hopu Investments and Boyu Capital will invest in COFCO Meat, a subsidiary of Chinese agricultural conglomerate COFCO Group, to develop hog farms and meat processing plants.
Hopu Investments has teamed up with Baikal Mining (BMC) to jointly develop a copper deposit in the eastern Russia region of Zabaikalsky, which borders China and Mongolia.
A consortium led by Hopu Investments will take a minority position in an agribusiness joint venture being set up by Chinese agricultural conglomerate COFCO Corporation and Noble Group, an agriculture and energy supply chain manager.
Hopu Investment Management is part of a consortium that has agreed to invest $2.5 billion in Global Logistic Properties (GLP), a Singapore-listed warehouse operator with interests in China, Japan and Brazil.
Temasek Holdings, Hopu Investment Management and three other investors will buy a 13.24% stake in Yashili International from China Mengniu Dairy for HK$1.6 billion ($213 million). Mengniu – which bought a controlling stake in Yashili earlier this year...
Fang Fenglei, a former Goldman Sachs banker and co-founder of China Hopu Investment Management, is looking to raise at least $2 billion for his new fund - three years after winding down the previous vehicle.
Four years on from the tainted milk scandal that cost the lives of six infants and hospitalized hundreds more, the memories still loom large over the dairy industry.
RRJ Capital, the private equity firm set up by former Hopu Investment Management executive Richard Ong, is looking to raise at least $5 billion for its second pan-Asian fund. The vehicle will follow its predecessor in focusing on China- and Southeast...
Hopu Investment Management has sold its 6% stake in Hong Kong-listed Chinese daiy company China Mengniu Dairy for DKK1.7 billion ($289 million) to Denmark's Arla Foods.
Star dealmakers are busy setting up their own funds in China. LPs need to separate the hype from the investment reality
Meat processor China Yurun Food Group, which last year reportedly attracted investment from Temasek Holdings and Hopu Investment Management, saw its shares plunge nearly 20% on Monday amid rumors that the company was about to come under attack from short-sellers.
Hopu Fund co-founder Richard Ong has made his first investment from his $2 billion maiden fund, into US-focused oil exploratory and extraction firm Frac Tech Services - a seeming departure from his vehicle’s Asia Pacific mandate.