Articles by Winnie Liu
Sailing, Yingli form $161m China solar fund
Shanghai Sailing Capital Management is teaming up with Yingli Green Energy Holding to form a solar energy-focused fund with an initial size of RMB1 billion ($161 million).
RRJ, OCBC invest in Chinese paper packaging firm – update
RRJ Capital and OCBC Bank's mezzanine capital unit have together invested $65 million in Nature Packaging Group, one of China’s largest paper packaging firms.
Warburg Pincus leads $70m round for China job site Liepin
Warburg Pincus has led a $70 million Series C round of funding for Liepin.com, a Chinese online recruitment services provider, with participation from existing investor Matrix Partners China.
China’s LeTV launches $160m internet fund
LeTV.com, a Shenzhen-listed online video portal, is seeking to raise up to RMB1 billion ($161 million) for an internet and technology-focused private equity fund .
Vision Knight’s institutional upgrade
A mark of a successful first fund is increasing interest from institutional investors in its successor.
Q&A: China Everbright's Shuang Chen
Hong Kong-listed China Everbright is transforming itself from a brokerage into a multi-platform asset manager. CEO Shuang Chen explains how this will work and the role private equity is expected to play.
China's Hony eyes manufacturing, healthcare opportunities
China-focused PE firm Hony Capital is tracking investment opportunities in state-owned manufacturing and healthcare companies as the government seeks to further restructure its assets.
CBC, AsiaInfo back China travel solutions provider Baoku
China Broadband Capital (CBC) and telecom software developer AsiaInfo-Linkage have backed a Series A round of funding for Baoku.com, a Beijing-based travel solutions provider.
China online health forum secures $1m from Lightspeed
Lightspeed China Partners has committed $1 million to Kanchufang, a Chinese online healthcare information operator.
China’s AutoNavi agrees to be acquired by Alibaba
AutoNavi Holdings, a Chinese digital mapping and navigation firm, has agreed to be acquired by Alibaba Group in a deal valuing the NASDAQ-listed company at $1.5 billion.
EQT plans to exit Taiwan cable TV unit
EQT Partners intends to exit its investment in Taiwan cable TV network Gala TV (GTV) for a reported NT$6 billion ($200 million).
DCM commits $9m to China's DerbySoft
DCM has committed $9 million in a Series D round of funding for DerbySoft, a Chinese hotel technology solutions provider.
Zhongnan Heavy, ZEG Capital launch China media fund
Jiangyin Zhongnan Heavy Industries, a Chinese steel equipment manufacturer, and ZEG Capital, an investment arm of China Zhongzhi Enterprise Group, want to raise up to RMB3 billion ($483 million) for a media-focused buyout fund.
Vision Knight closes second China fund at $550m
Vision Knight Capital, a PE firm co-founded by former Alibaba.com CEO David Wei, has reached a final close on its second fund at the hard cap of $550 million.
Meridian Capital backs China Wi-Fi solutions provider
Chao WiFi, a Chinese Wi-Fi services provider, has received RMB15 million ($2.4 million) in Series A funding from Meridian Capital.
PE-backed iKang Healthcare jumps 8.6% on US debut
Shares in iKang Healthcare Group – the Chinese healthcare services provider whose backers include GIC Private, Goldman Sachs and NewQuest Asia – climbed 8.6% on their NASDAQ trading debut following a $153 million IPO.
Jack Ma joins $1b investment in VC-backed Wasu Media
Alibaba Group founder Jack Ma and several co-investors have agreed to buy a 20% stake in Wasu Media Holdings, a Hangzhou-based digital media operator backed by several VC firms, for RMB6.54 billion ($1.06 billion).
IDG, China Growth Capital invest in job site HunterOn
HunterOn.com, a Chinese online recruitment website, has secured a Series A round of funding from IDG Capital Partners and China Growth Capital.
PE-backed Digital Horizon to list via reverse merger
Beijing Digital Horizon Technology, a Chinese mobile social networking service (SNS) provider backed by Infinity Group and other VC investors, intends to list on the Shenzhen Stock Exchange through a reverse merger with Hangzhou New Century Information...
China healthcare: Innovation issues
There is plenty of buzz about investment in Chinese healthcare but the pharmaceuticals segment has yet to fulfill its promise as an R&D hub. Should PE and VC investors be looking for different angles?
Hony supports Canadian energy investment platform
Hony Capital has agreed to support Canada Capital Energy Corporation (CCEC), a Chinese-owned oil and gas exploration and exploitation company, as it seeks to acquire energy assets in Western Canada.
Taiwan's Hon Hai in talks to buy MBK-owned cable TV network – report
Hon Hai Precision Industry, a Taiwanese electronics manufacturer best known as Foxconn, is said to be in talks with MBK Partners to buy China Network Systems (CNS).
China online music provider Kuke secures Milestone support
China-focused Milestone Capital has committed a Series A round of funding to Kuke.com, an online music supplier.
BVCF raises $200m for third China life sciences fund
BVCF, a China life sciences-focused PE firm, has reached a final close of $200 million on its third fund.