Chinese drug developer Jiangsu Atom Bioscience & Pharmaceutical has raised $30 million in Series B funding led by Sequoia Capital China and Hong Kong-listed Livzon Pharmaceutical Group.
Hillhouse Capital has led an extended Series A round of funding worth $50 million for Deepexi, a Chinese start-up that provides a suite of smart data services to enterprise customers.
MGI Tech, a Chinese manufacturer of gene sequencing devices, has raised more than $1 billion in funding led by IDG Capital and CPE.
IDG Capital Partners and Accel Partners have joined a take-private bid for Sky Solar Holdings that values the Hong Kong-based and NASDAQ-listed power provider at around $2.5 billion.
Burning Rock Biotech, a venture capital-backed, China-based provider of genetic testing services used in cancer diagnosis, has filed for an IPO in the US.
BYD Semiconductor, a subsidiary of Chinese vehicle maker BYD, has raised RMB1.9 billion ($265 million) from 14 investors, including Sequoia Capital China.
Cathay Life Insurance, a subsidiary of Taiwanese financial group Cathay Financial Holdings, has committed $50 million to KKR’s fourth pan-Asian fund.
Chinese logistics robot and intelligent equipment supplier Galaxis Technology has raised RMB100 million ($14 million) in Series D funding led by China Capital Investment Group.
Hangzhou-based cybersecurity company Meichuang has raised a RMB150 million ($21 million) round led by CBC Capital and Sharewin Investment.
Shaw Kwei & Partners has announced an investment in International Cosmetics Suppliers (ICS), a Hong Kong-based packaging specialist for the global beauty industry.
Singapore-based talkbot provider Wiz.Ai has raised $6 million in pre-A funding led by GGV Capital. ZWC Partners, Insignia Venture Partners, Wavemaker Partners, and Orion Fund also participated.
Kintor Pharmaceutical, a Chinese drug developer backed by the likes of HighLight Capital and Shenzhen Green Pine Capital Partners, posted a 7% gain on debut following a HK$1.86 billion ($240 million) Hong Kong IPO.
Chinese big data company Sensers Data has raised an extended Series C round of $30 million led by Xiang He Capital. Other investors include Morningside Venture Capital, DCM China, Warburg Pincus, Sequoia Capital China, Linear Venture, and FutureCap.
Having spent years as an IT advocate in a world obsessed with consumer internet start-ups, Duane Kuang of China-focused Qiming Venture Partners is seeing the tables gradually turn
Joy Capital has led a RMB300 million ($42 million) Series B round for Reworld, a platform offering training and IT tools that allow users to design their own videogames.
Chinese early-stage investor Glory Ventures has closed its third renminbi-denominated fund at RMB682 million ($96 million) and also reached a first close of its second US dollar vehicle.
Zentalis Pharmaceuticals, a US cancer treatment specialist that raised $165 million in an IPO last month, has secured $20 million in funding to establish a China-based joint venture.
1km, China’s largest car wash company, has raised RMB600 million ($84 million) in Series C funding across three tranches. The most recent - worth $30 million - was led by ClearVue Partners.
China’s local currency mezzanine capital space is underpenetrated, underpopulated and different to comparable strategies elsewhere. A handful of domestic GPs have begun to get traction. Will others follow?
Luckin Coffee, a private equity-backed Chinese coffee shop chain currently enmeshed in a fraud scandal, faces being delisted from NASDAQ.
Keep, a Chinese mobile app that provides fitness training programs, has raised $80 million in Series E funding led by Jeneration Capital.
JD MRO, a subsidiary of Chinese e-commerce giant JD.com that specializes in industrial maintenance, repair and operations (MRO), has raised $230 million in Series A funding led by GGV Capital.
The Hong Kong Stock Exchange has tightened disclosure requirements for companies looking to take advantage of two-year-old reforms permitting listings by pre-revenue biotech companies.
Best known in China for the Molly series of fashion dolls, Pop Mart emerged as a leader before many others recognized the market potential. The Loyal Valley Capital-backed company is now preparing for an IPO