Chinese companies listed on the National Equities Exchange & Quotation (NEEQ) – a market aimed at smaller, less proven companies and qualified investors – will be encouraged to go public in Hong Kong.
Wise Talent Information Technology, a PE-backed company that operates Chinese online recruitment services platform Leipin, has filed for a Hong Kong IPO.
Chinese online credit card management platform 51 Credit Card, which is backed by a handful of VC and strategic investors, has filed for a Hong Kong IPO.
Hong Kong plans to increase funding to two local incubation programs – Cyberport and Hong Kong Science & Technology Park (HKSTP) – in the expectation they will play a leading role in the drive to turn the territory into an innovation hub.
The Hong Kong Trade Development Council (HKTDC) has launched an incubation program for start-ups in the territory.
Hong Kong is proposing to loosen its listing requirements - with a view to attracting Chinese technology IPOs - in a measured way. However, changes of such significance are rarely implemented smoothly
Hong Kong-based EmergeVest – a PE firm established by former executives from HSBC’s Asia principal investments division – has made its seventh logistics acquisition in the UK with the purchase of CM Downton for GBP75 million ($103 million).
Canadian asset manager Fiera Capital Corporation has acquired Hong Kong-based credit and special situations investor Clearwater Capital Partners.
Hong Kong-listed education sector investor China First Capital Group (CFCG) has launched a $200 million fund that will establish and acquire preschools in China.
Ping An Healthcare & Technology - the PE-backed business that runs the healthcare-focused mobile app known as Ping An Good Doctor in China - is seeking a separate listing in Hong Kong from its parent company Ping An Insurance.
Affinity Equity Partners has bought Hong Kong-based garment label manufacturer Trimco from Partners Group for $520 million.
Victor Fung played a key role in the development of venture capital and private equity in Asia, and of AVCJ itself. He looks back at how the various pieces fell into place
FountainVest Partners and Ontario Teachers’ Pension Plan (OTPP) have jointly invested in Hong Kong-headquartered fitness center and yoga studio operator The Pure Group.
Hony Capital has agreed to invest in several businesses – covering furniture, beauty, and apparel – from Hong Kong conglomerate Li & Fung for $1.1 billion.
SparkLabs Global has hired Sameer Chishty, founder and chairman of Hong Kong-based merchant bank Streeton Partners, as a venture partner for its new financial technology accelerator in the territory.
Canada Pension Plan Investment Board (CPPIB) has invested HK$1.9 billion ($248 million) in a Hong Kong-based warehousing joint venture with logistics operator Goodman Group.
Razer, a manufacturer of gaming peripherals with several venture capital backers, has raised HK$3.93 billion ($504 million) in its Hong Kong IPO.
China Literature, a PE-backed online reading unit being spun out by Tencent Holdings, has raised HK$8.3 billion ($1.1 billion) in a Hong Kong IPO.
Alibaba Group and the International Finance Corporation (IFC) have led a Series B+ round of funding for Hong Kong financial technology provider WeLab.
Hong Kong-based Klook has won $60 million in funding to further its efforts to consolidate the fragmented travel activities space - in Asia and globally
Yixin, the VC-backed online financing subsidiary of China-focused online automotive portal Bitauto Holdings, has filed for an IPO in Hong Kong.
Beyond Ventures and Alibaba Group have led a funding round that will support the Asia expansion of Hong Kong-based genetics healthcare start-up Prenetics
Sequoia Capital China, Goldman Sachs and Matrix Partners have co-led a $60 million Series C funding round for Hong Kong-based travel services company Klook.
While the Cayman Islands remains the go-to jurisdiction for PE firms seeking a domicile for Asia-focused funds, investor demand and regulatory remit mean structures are now more carefully considered