Despite tough talk by President-elect Donald Trump about a possible trade war, Chinese investors are hungry for U.S. biotech and they’ve got money to spend.
By Julie Zhu
China Investment Corporation (CIC), the country’s sovereign wealth fund, is looking to raise alternative investments in the United States due to low returns in public markets, its chairman said on Monday. CIC will boost its investments in private equity and hedge funds as well as making more directinvestments in the world’s… Read more »
2017 and the period until 2020 is likely to see the continued growth of logistics as a growth sector and investment destination for investors interested in tech startups.
Qualcomm Inc., the largest maker of mobile phone chips, will invest in a new $100 billion technology fund that Japan’s SoftBank Group Corp. plans to launch this year, the Wall Street Journal reported. It was unclear how much the San Diego-based company would invest, the Journal said, citing unnamed people… Read more »
Reliance Jio Infocomm Ltd’s aggressive launch last year should certainly lead to consolidation among telecom companies. Two big disruptive technologies—bots and cloud computing—meanwhile pose an existential dilemma for India’s $150 billion outsourcing industry. 2017 should see a more aggressive push by domestic information technology (IT) firms in monetizing platforms, investments… Read more »
China’s appetite for foreign assets is likely to remain healthy after completed acquisitions surged 46 percent to a record $105 billion this year as mainland firms scooped up assets ranging from movie studios to football clubs. But tighter regulatory scrutiny at home and abroad is likely to make it harder… Read more »
As companies brace for the impact of 2016’s political shocks and looming elections next year, global appetite for mega mergers may slow amid the prospect of increased protectionism. The biggest transactions mostly involved buyers and sellers from different countries: Bayer AG’s acquisition of Monsanto Co. in the U.S., China National… Read more »
SoftBank Group Corp. has decided to place the headquarters of its $100 billion technology private equity group in the hedge fund heartland of London, and has begun hiring investment advisers. The SoftBank Vision Fund has opened offices in West London’s Mayfair, at 69 Grosvenor Street. Surrounded on all sides by… Read more »
Foxconn, the world’s largest contract electronics manufacturer and a major Apple Inc supplier, said on Wednesday that it was in preliminary discussions to expand its operations in the United States. “While the scope of the potential investment has not been determined, we will announce the details of any plans following… Read more »
Chinese investors are hitting the pause button on U.S. and other outbound deals as they grapple with the ramifications of a Trump presidency and possible government curbs on overseas acquisitions, according to Fred Hu, a former Greater China chairman for Goldman Sachs Group Inc. The 53-year-old founder and chairman of… Read more »