Articles by Winnie Liu
Canada's Ivanhoe, CBRE in Chinese warehouse play
Ivanhoé Cambridge, a real estate investment arm of Canada's pension fund the Caisse de dépôt et placement du Québec (CDPQ), has partnered with CBRE Global Investment Partners to invest in Logos China Logistics Clubs, a Chinese warehouse developer and...
Cathay Capital invests in French marine service provider SeaOwl
Cathay Capital Private Equity has invested in SeaOwl, a French-based marine management service provider.
PAG joins $500m investment in Hong Kong's Kingston Financial
PAG Asia Capital's absolute returns business has joined a consortium that plans to invest HK$3.87 billion ($500 million) in Hong Kong-based investment firm Kingston Financial.
Carlyle to invest $120m in Shanghai ANE Logistics
The Carlyle Group has agreed to invest $120 million in Shanghai ANE Logistics, a Chinese logistics and courier services provider.
Chinese tutor app Changingedu.com raises $100m
TAL Education Group, a US-listed K-12 after-school tutoring service provider, has led a $100 million Series C round for Changingedu.com, a China-based platform that connects private teachers with students.
VCs commit $20m to China logistics cloud solution provider
IDG Capital Partners, Matrix Partners and Yunqi Ventures have provided $20 million in Series A funding to Olymtech Corporation, a Chinese cloud solutions specialist that focuses on the logistics industry.
Former Matrix China director launches RMB VC fund
Roger Hu, a director at Matrix Partners China, has teamed up with Yi Zheng, formerly vice president at Chinese dating app Momo, to launch a renminbi-denominated early-stage fund.
Morningside, IDG provide Series B round for China's AllMobilize
Morningside Technologies and IDG Capital Partners have invested in a Series B round of funding for AllMobilize, a Chinese start-up that helps companies create websites that are adaptive to mobile devices.
Alibaba, Ant Financial form JV to invest in China's O2O service
Alibaba Group and its financial affiliate Ant Financial plan to invest nearly $1 billion in a joint venture that will tap into China’s local online-to-offline (O2O) services market, initially focusing on the food and beverage segment.
PE-backed Focus Media's backdoor listing encounters hurdles
Private equity-backed Focus Media’s planned $7 billion reverse merger with Shenzhen-listed Hongda New Material has encountered another setback following the resignation of Hongda's chairman in response to a probe by authorities.
Renminbi secondaries: An underpenetrated market
Plenty of Chinese high net worth individuals want to sell LP interests in renminbi funds. Local and foreign secondaries managers would like to take advantage, but they are held back by an immature market
Legend-owned third-party payment platform raises $242m
Lakala, a Chinese offline third-party payment service provider owned by Legend Holdings, has raised RMB1.45 billion ($242 million) in its latest financing round, giving the company a valuation of more than RMB10 billion.
PE-backed Wenzhou Kangning Hospital files for HK IPO
Wenzhou Kangning Hospital, the largest private psychiatric specialty care service provider in China backed by PE investors, has filed for an IPO in Hong Kong.
Shenzhen Fortune invests $48m in Focus Media
Fortune Capital has invested RMB300 million ($48 million) in Focus Media, a PE-backed Chinese outdoor advertising firm on course for a $7.37 billion backdoor listing in Shenzhen.
China regulator allows 100% foreign ownership in e-commerce
China's Ministry of Industry and Information Technology (MIIT) has permitted foreign investors to fully own and operate e-commerce companies operating within the country.
Deal focus: Mandarin, Zoomlion team up again in Italy
Having supported Zoomlion Heavy Industry Science & Technology acquisition of Italy’s CompagniaItalianaFormeAcciaio (CIFA) seven years ago, Mandarin Capital Partners (MCP) didn’t hesitate in suggesting that the Chinese construction machinery manufacturer...
Deal focus: RRJ doubles down on e-commerce logistics
When RRJ Capital first committed $250 million to Shanghai Yupei Group in April 2014, Temasek Holdings was its sole partner in the investment. The company had 16 warehouses with a total gross floor area of more than 1.4 million square meters and plans...
RRJ consortium commits $250m to China warehousing player
RRJ Capital has re-upped in Chinese logistics player Shanghai Yupei Group, leading a consortium that has agreed to invest $250 million in the business.
Alibaba Pictures raises $1.6b to fund media acquisitions
Alibaba Pictures, a Hong Kong-listed film and entertainment unit owned by Alibaba Group, plans to raise about HK$12.1 billion ($1.56 billion) through a share placement to help finance potential acquisitions in the media industry.
Chinese premier backs local listings for start-ups
Chinese Premier Li Keqiang said the government would promote start-ups with “special ownership structures” to list onshore, as part of efforts to encourage the development of the venture capital industry.
Morningside backs China mathematics teaching start-up
Early-stage investor Morningside Technologies has led a $5 million Series A round of funding for Leleketang, a China-based online teaching platform that specializes in mathematics and Chinese.
Taiwan launches $120m Silicon Valley VC fund
Taiwan’s National Development Fund (NDF) and Ministry of Science and Technology (MST) have agreed to form $120 million VC fund that will invest in Silicon Valley tech start-ups.
CBC leads $15m round for China public transport app
China Broadband Capital (CBC) has led a $15 million Series B round of funding for Chelaile, a Chinese public bus tracking app.
Fund focus: Accel, DJI to expand drone ecosystem
Accel Partners' $75 million investment in Chinese drone maker DJI earlier this month - said to value the company at $8 billion - came with an extra component: the two groups agreed to form a $10 million fund that would back other start-ups in the space....