China’s State Administration of Foreign Exchange (SAFE), which overseas $3.2 trillion in foreign currency reserves, is said to set up a New York operation to invest in private equity, real estate and other US assets. The move is seen as part of the country's strategy to reduce its reliance on the US government debt.
According to The Wall Street Journal, the new office is separate from the one has been running for years in the US that focuses on buying government debt and other low-yield assets. The US Federal Reserve...
JD Health, the healthcare unit of Chinese e-commerce giant JD.com, has filed for Hong Kong IPO. The company’s backers include Hillhouse Capital, CPE, CICC Capital, and Baring Private Equity Asia.
General Atlantic has become the third global GP to double down on Reliance Industries’ plans to reinvent digital consumer services in India, following its earlier commitment to Jio Platforms with an investment in the conglomerate’s retail unit.
Green Monday, the Hong Kong plant-based food distributor behind the Green Common retail chain and OmniPork alternative meats, has raised its first institutional round of funding.
AVCJ's daily bulletin will not be published on October 1 or 2 due to consecutive public holidays in Hong Kong.