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      2023-china-216x305
      Regional Reports

      The reports review the year's local private equity and venture capital activity and are filled with up-to-date data and intelligence on fundraising, investments, exits and M&A. The regional reports also feature information on key companies.

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Legend Capital

Alibaba, Legend invest $20m in China seafood importer Gfresh

Gfresh, a China-based seafood importer and online marketplace operator, has raised $20 million from Riverhill Fund, an investment arm of Alibaba Group, and Legend Capital.

  • Greater China
  • 04 November 2016
VC-backed Berry Genomics to list in Shenzhen via reverse merger

Berry Genomics, a Chinese genetic test developer backed by Qiming Venture Partners and Legend Capital, is looking to list in Shenzhen through a reverse merger.

  • Greater China
  • 01 September 2016
China online finance site Lancai raises $24m

Chinese online finance platform Lancai.com has raised a RMB180 million ($27 million) Series B round of funding led by Leshi Internet Information & Technology, also known as LeEco. Existing investor Legend Capital also participated.

  • Greater China
  • 19 August 2016
PE-backed Linglong Tyre raises $388m in Shanghai IPO

Shandong Linglong Tyre, a leading Chinese tire manufacturer backed by Legend Capital and Hony Capital, has raised RMB2.6 billion ($388 million) in a Shanghai IPO.

  • Greater China
  • 08 July 2016
PAG, Legend support $3.6b acquisition of US-based Lexmark

PAG Asia Capital and China's Apex Technology are leading a consortium - which also features Legend Capital - that has agreed to buy printing technology and enterprise software company Lexmark International for $3.6 billion.

  • Greater China
  • 20 April 2016
Legend leads $30m round for China cloud services provider

Legend Capital has led a $30 million Series C round of funding for Haizhi, a China-based cloud computing service provider.

  • Greater China
  • 02 March 2016
China salvage car auction platform Fairlubo raises $45m

Beijing Fairlubo Vehicle Auction, a Chinese online salvage car auction platform, has raised a $45 million round of funding led by PE-backed used car trading platform Uxin.

  • Greater China
  • 24 February 2016
GPs on China's New Third Board: Public market oddity

A dozen Chinese private equity firms have been listed on the New Third Board in recent years, but the model is far removed from that seen in other markets and regulators are concerned

  • IPO
  • 13 January 2016
Alibaba, OTPP join founder-led consortium bidding for iKang

Alibaba Group and Ontario Teachers’ Pension Plan (OTPP) have joined a consortium led by the founder and CEO of iKang Healthcare Group that is involved in a competitive battle to privatize the US-listed company.

  • Buyouts
  • 06 January 2016
China's iDreamSky agrees PE-backed take-private

Chinese mobile game publisher iDreamSky Technology has agreed to be taken private by its chairman and a string of venture capital investors. The company listed on NASDAQ in August 2014.

  • Technology
  • 05 January 2016
Chinese regulator halts GP listings on New Third Board

China’s securities regulator has suspended listings and fundraising by domestic private equity firms on the National Equities Exchange and Quotation (NEEQ) system, also known as the New Third Board.

  • Greater China
  • 04 January 2016
Goldstone, Legend lead $280m round for China CRO play

The Goldstone Investment-managed CITIC M&A Fund and Legend Capital have led a $280 million round of financing for Pharmaron, a Chinese contract research organization (CRO) company.

  • Greater China
  • 15 December 2015
PE consortium completes take-private of China's WuXi PharmaTech

A consortium comprising the founder and CEO of WuXi PharmaTech and several PE investors has completed the privatization of the China-based provider of contract R&D services to global pharmaceutical companies.

  • Buyouts
  • 14 December 2015
Legend Capital applies to list on China’s New Third Board

Chinese venture capital firm Legend Capital has applied to list on the National Equities Exchange and Quotation (NEEQ), also known as the New Third Board.

  • Greater China
  • 04 December 2015
Taiwan must think globally, overcome China issues - AVCJ Forum

Taiwan needs to think globally as it looks for ways that domestic companies can leverage growth in other markets, but this means addressing mainland Chinese involvement in the economy.

  • Greater China
  • 02 December 2015
WuXi Pharmatech wins endorsement for PE-backed take-private

The proposed privatization of WuXi PharmaTech, a China-based provider of contract R&D services to the global pharmaceutical sector, has won the support of two major shareholder proxy advisory firms.

  • Buyouts
  • 13 November 2015
Legend transfers CAR shares to PE-backed Ucar

Legend Holdings, the largest shareholder in Hong Kong-listed China Auto Rental (CAR), has transferred part of its shares in the company to Ucar Technology, a Chinese chauffeured car service provider.

  • Greater China
  • 14 October 2015
Warburg Pincus, Legend re-up in China chauffeur service Ucar

China-based chauffeured car service provider Ucar has raised a further $550 million from Warburg Pincus, Legend Capital and China Auto Rental (CAR). They have now invested a total of $800 million in the company.

  • Expansion
  • 18 September 2015
Sequoia, Legend back Baidu’s education spin-out

Sequoia Capital and Legend Capital have invested an undisclosed sum in a Series A round of funding for Zuoyebang, a K-12 learning and teaching mobile app that spun-out from Chinese online search giant Baidu.

  • Greater China
  • 04 September 2015
China online campus convenience store secures $31m

Shenzhen Capital Group has led a RMB200 million ($31 million) pre-Series B round of funding for 59store.com, a Chinese online convenience store focused on serving students.

  • Greater China
  • 21 August 2015
PE-backed La Chapelle, Legend Capital launch PE fund

Hong Kong-listed Shanghai La Chapelle Fashion, a ladies' apparel maker backed by a string of PE investors, has partnered with Legend Capital to set up a PE fund worth RMB153 million ($24 million).

  • Greater China
  • 19 August 2015
Warburg Pincus joins $250m round for China chauffeured car service

Warburg Pincus and Legend Capital are participating alongside Chinese car hire firm China Auto Rental (CAR) in a $250 million investment in Ucar, a China-based chauffeured car service provider.

  • Expansion
  • 02 July 2015
Legend Holdings targets $1.96b Hong Kong IPO

Legend Holdings, sponsor of China-focused GPs Hony Capital and Legend Capital, has set a pricing range for its Hong Kong IPO that would see the company raise as much as HK$15.2 billion ($1.96 billion).

  • Greater China
  • 18 June 2015
VC-backed iDreamSky gets take-private offer

IDreamSky Technology, a VC-backed Chinese mobile game publisher, has received a take-private proposal from its chairman and CEO barely 10 months after going public on NASDAQ.

  • Technology
  • 16 June 2015
5 6 7
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