Singapore-based private equity firm Tembusu Partners has confirmed it will launch a series of funds to invest at least RMB1 billion ($149 million) in Chinese growth-stage companies.
MiningLamp Software, a big data solutions provider in China, has raised RMB2 billion ($298 million) in a Series D round of funding led by Tencent Holdings.
Contract manufacturers are reconsidering their exposure to China in the light of trade tensions with the US. Southeast Asia stands to benefit, but companies will have to navigate an increasingly complicated landscape
China Investment Corporation (CIC) has teamed up with France-based GP Eurazeo and BNP Paribas to launch a Europe-China growth fund with a target corpus of EUR1-1.5 billion ($1.1-1.7 billion).
Shuidi, the operator of Shuidichou, a Chinese crowdfunding platform for patients with critical medical conditions, has raised RMB500 million ($74 million) in a Series B round of funding led by existing investor Tencent Holdings.
Bitmain, a private equity-backed Chinese business that manufactures chips for Bitcoin mining, has allowed its application for a Hong Kong IPO to lapse.
Hong Kong delivery start-up Lalamove recently raised $300 million in Series D funding. Blake Larson, head of the company’s international division, discusses business models, cross-border expansion, and vehicle sales
Lightspeed Venture Partners and Sunshine Life Insurance have led a $80 million Series C round of funding for IfChange, a Chinese software-as-a-service (SaaS) platform that specializes in human resources management.
South Africa-based conglomerate Naspers plans to spin-off its internet businesses – which include stakes in Chinese giant Tencent Holdings and Indian food-ordering platform Swiggy – through a listing on Euronext in Amsterdam.
Qiming Venture Partners has led a $42 million Series B round for Chinese cancer drug developer Abbisko.
Shanghai-based NewMargin Ventures is looking to raise up to RMB10 billion ($1.5 billion) for a renminbi-denominated fund that will focus on the defense sector.
Moonrise Capital, a global venture capital-focused investment firm established by Don Pascal, formerly CEO of Commonfund Capital, has raised $105.7 million for a China fund-of-funds product.
Yunji, a Chinese membership-based e-commerce platform that typically works with small-scale retailers that don’t have the resources to compete online, has filed to list in the US.
Private equity investors believe it will become easier to take companies public in China as the country steps up the pace of capital markets reform, creating a system that is more in line with international norms.
Chinese GPs that can identify where their strategies might go wrong – and therefore avoid problems before they emerge – are most likely to emerge as winners in a market characterized by rising competition and changing economic circumstances, LPs told...
Blackpeak, an Asia-based investigative research firm that counts a number of PE players among its clients, has been acquired by Acuris, the parent company of AVCJ.
Issuing preferred equity to secondary investors is a short-cut to liquidity for China VCs with valuable portfolios but few exits. The strategy isn’t universally popular, but what will it take for GPs to make the leap?
The best way for private equity and venture capital investors to manage their China risk is to not deploy capital if they are only motivated by a fear of missing out (FOMO), GPs told the AVCJ China Forum.
Up Fintech, an online brokerage firm focused on global Chinese investors that operates in Asia as Tiger Brokers, gained more than 36% in its first day of trading on NASDAQ after raising $104 million in its IPO.
Insta360, a China-based camera maker specializing in immersive imaging and virtual reality applications, has raised a $30 million funding round from a group of investors including Everest Venture Capital.
Long-term structural reforms rather than short-term issues regarding trade tensions and liquidity preoccupy China-focused private equity investors, though they are happy to take advantage of any immediate moderation in valuations.
Mofang raises $150 million to bring consistency to China’s fragmented rental housing market. Leveraging big data and targeting millennials are key strategies
Weijian Shan’s memoir ends before his private equity career begins, but it represents a remarkable on-the-ground account of a difficult period in the 20th century evolution of China
The Carlyle Group has agreed to invest RMB726 million ($108 million) for a 10% stake in Chinese home textiles maker Luolai Lifestyle Technology.