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China’s Yancoal to buy Rio Tinto coal assets for up to $2.45b


The assets are Australian unit Coal & Allied Industries Ltd

China: Graham Elliot is Robeco’s head of APAC & Middle East Distribution

Graham will focus on the institutional and wholesale distribution business in Asia Pacific (ex Japan) and the Middle East

US-based Baird Capital hires Andy Tse as partner to lead Asia investment

He will identify and pursue investments in the technology and services sector

China Merchants, EasyCapital co-lead $100m round in edtech startup Xuebajun

Wanxin Media and existing investors Qiming Venture Partners, Trustbridge Partners, and Vertex Ventures also participated.

China: Sanpower, CITIC Bank mull $2.9b healthcare M&A fund

The fund will back Sanpower’s efforts in creating a healthcare industry ecosystem in China, as well as its global expansion of medical care and biotechnology across the healthcare sectors.

Xiaomi top executive Hugo Barra bids goodbye

At the time of Barra’s joining, Xiaomi was the the most valuable startup

Chinese group buys Talking Tom app maker Outfit7 for $1b

The Chinese consortium was led by industrialist Ou Yaping

Blackstone readies new Asia real estate fund of at least $5b

The fund aims to raise $5b, betting on strong returns from property investments in the region

China startup Mobike teams up with Foxconn to hike output

Mobile has riased at least $315m in two funding rounds since October.

Skadden hires Geoffrey Chan as Partner; Morgan Lewis expands China practice

He focuses on the formation and structuring of Asia-based funds.