Julie Zhu

HK Airlines names Zhong as chairman in move to revive ailing carrier

The two controlling shareholders have appointed a group of directors including Zhong.

DCP Capital raises $2.5b for first China-focused funds

DCP’s investors include Singapore’s GIC, state investor Temasek as well as Canadian public pension fund CDPQ.

Brewer AB InBev said to hire more banks to work on $5b Asian IPO

A planned Hong Kong initial public offering (IPO) for the Asian business could raise up to $5 billion for the heavily indebted brewer.

China’s Hansoh Pharma re-files for Hong Kong IPO

Hansoh Pharmaceutical had initially looked to raise up to $1 billion.

Volkswagen eyes big chunk in Chinese EV maker JAC Motors

The move by VW is the latest by foreign automakers to boost ownership in the world’s biggest car market since Beijing relaxed rules last year.

China drone maker EHang considers $200m private funding instead of US IPO

The five-year old company has decided to put off those plans as it is not ready to go public.

Sequoia-backed Chinese EV startup Leap Motor seeks to raise $372m in new round

The fundraising comes at a time when China this week cut subsidies to battery electric cars.

KKR said to seek $1.5b for first Asia real estate fund

The private equity firm is learnt to be moving towards first-close of the fund late in the second quarter.

Germany’s Metro kicks off sale of China unit, valued up to $2b

The sale move comes at a time when China’s wholesale and retail sectors are experiencing disruption from e-commerce players.

China’s Fosun to adopt asset-light strategy for new Club Med resorts

The three-year-old arm of Chinese conglomerate Fosun will launch at least 11 new resorts in the coming years under the French brand.