Bcause, a US-based cryptocurrency services company backed by SBI Holdings has received a commitment of undisclosed size from China Health Checkmate (CHC) to support an Asian expansion.
Wukongbao, a Beijing-based online insurance broker, has raised millions of US dollars in a Series B round led by Chinese classifieds platform 58.com, with participation from Guohua Life Insurance.
China Everbright has completed the first close of RMB800 million ($115.4 million) on its third healthcare fund. The overall target for the vehicle is around RMB1.5 billion.
Lattice80, a UK-based group that operates financial technology co-working spaces and accelerators globally, has established a new base in Hong Kong.
China’s securities regulator said on Friday that it will take measures to facilitate private equity investment in listed companies – as well as speed up merger approvals and support bond issuance – as part of a broader government campaign to revive...
Chinese electric scooter manufacturer Niu Technologies ended its first day of trading on NASDAQ down 3.9% after raising $63 million in a scaled back IPO. The company’s backers include GGV Capital, Future Capital, and IDG Capital.
Capillary Technologies, a Singapore-headquartered artificial intelligence (AI) analytics provider with a substantial presence in India, has received funding from Warburg Pincus for a Chinese expansion.
The escalating Sino-US trade war and tighter US regulatory scrutiny of inbound deals has promoted Chinese buyers to pursue investments in new markets, but they must be prepared to overcome opposition in these destinations as well, the China M&A Forum...
Future Capital has closed its third US dollar-denominated fund at $100 million. The Chinese VC firm will continue its strategy of backing start-ups with technologies that drive industrial upgrades and improve consumer experience.
Momenta, a Chinese developer of autonomous driving technology backed by a number of VCs, has announced a fresh funding round of undisclosed size at a valuation of $1 billion.
Zhizhangyi, a Chinese mobile security solutions provider, has raised RMB200 million ($29 million) in Series B funding led by Gaocheng Capital, a growth investment firm established by Jing Hong, formerly a partner at Hillhouse Capital.
GGV Capital has closed its latest fund – primarily for deployment in China and the US – with $1.88 billion in commitments. The venture capital firm raised $1.2 billion for its previous vehicle in 2016.
The once commonplace incentives used by local governments in China to attract PE fund managers are now largely extinct. New GPs struggle even to register in a city, let alone get paid for doing so
Edianzu, a Chinese start-up that rents out computers and other office equipment to corporate customers, has raised $60 million in Series D funding led by existing investor Source Code Capital.
China has set a compelling example for establishing a diversified and deeply penetrated digital banking industry in a developing economy. India and Southeast Asia are taking notes
Bain Capital Private Equity has set a target of $3.5 billion for its fourth Asia fund and is expected to complete a first and final close in December.
Chinese supply chain finance provider Linklogis has raised $220 million in a Series C round of funding led by GIC Private.
The Carlyle Group and Chinese healthcare services provider Meinian Onehealth have together invested in Adicon Holding, a local independent clinical laboratory (ICL) provider. Carlyle is now the company's single largest shareholder.
L Catterton Asia has made a partial exit from Chinese mall operator Sasseur citing ongoing efforts to optimize its portfolio.
Nearly one-third of domestic private equity firms inspected by China’s securities watchdog in the first half of this year were found to have irregularities, prompting the regulator to reaffirm its intent to further step up scrutiny of the industry.
Morningside Venture Capital, a China-focused early-stage VC firm, has raised approximately $1 billion for its latest US dollar-denominated fund. It represents a considerable step up in size from the GP’s previous vehicle, which closed at $660 million...
Collaborative deals between private equity firms and Chinese strategic players reflects the more diverse range of corporates seeking outbound deals - and also a recognition among GPs that they need help growing newly-acquired assets in China
Xingkeduo, a Chinese hair salon operator that specializes in fast-turnaround services, has raised RMB100 million ($14.5 million) in a Series B round of funding led by Shunwei Capital, China International Capital Corp, Hongdao Capital and Future Capital.
Hong Kong’s CLSA has launched an investment unit called AlphaLabs that will back early-stage financial technology companies in Asia.