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Goldman-backed heart valve startup Venus MedTech mulls Hong Kong IPO

The medical device maker could seek to raise about $300 million to $500 million.


China said to freeze game approvals amid agency shakeup

The whole sector has been rattled as gaming companies from online giant Tencent Holdings Ltd. to small developers await approvals.


Chinese co-working space operator MyDreamPlus raises $120m in Hillhouse-backed round

The financing comes just weeks after the Chinese unit of WeWork Cos. said it was raising $500 million to boost growth in the country.


Chinese insurer Ping An said to mull bid for Prudential’s Asia business

Ping An has been under pressure to find new areas of growth after China’s crackdown on financial risk limited prospects for the nation’s insurance firms.


Toutiao owner Bytedance said to seek up to $3b in fresh funding

The company held meetings with potential investors for a financing that could value Bytedance at as much as $75 billion.


China Tower IPO avoids disappointments of last month’s Xiaomi selloff

The fact that it didn’t slump allowed China Tower to avoid becoming another Xiaomi, which initially saw itself storming into Hong Kong as a $100 billion company only to face a series of setbacks.


Baidu’s billionaire CEO Robin Li declares he can beat Google again

Google is looking at ways to re-enter China, home to the biggest pool of internet users, through a search app that complies with Chinese censorship


Billionaire Paulson attracts Chinese suitor for piano maker Steinway

Steinway Musical Instruments Inc. has attracted takeover interest from state-owned China Poly Group Corp.


Toys ‘R’ Us lenders may swap $760m in debt for Asian unit

Lenders would make a so-called “credit bid” by using their senior secured notes in the Asia business rather than cash.


China’s GCL-Poly Energy shares tumble as $1.9b unit sale collapses

The company was looking to sell a controlling stake in its polysilicon unit worth $1.9 billion to Shanghai Electric Group Co