Search Results for:Julie Zhu

Temasek-backed Chinese travel site Mafengwo seeks to raise up to $300m

The company raised $133 million in December in its series D fundraising round.

Alibaba-backed online parenting firm Babytree eyeing up to $1b HK listing

Babytree is targeting a valuation of $3-5 billion.

Sequoia China to raise $6b new fund with state-owned VC,

The fund will seek PE, late-stage investment opportunities in tech, particularly in strategic sectors such as AI.

Two Chinese EV sharing startups raising $730m to fuel growth

Caocao Zhuanche, backed by Zhejiang Geely Holding Group, and EvCard, an under state-owned SAIC Motor Corp, are looking to raise funds.

US tells China’s HNA to sell stake in Manhattan building near Trump Tower

The building in question houses the New York Police Department’s 17th precinct, whose duties include security for Trump Tower.

China’s DiDi, Ant Financial said to consider joint $2b Ofo buyout

Didi, which already owns a stake in Ofo, has hired a third-party agency to conduct due diligence on the startup’s business and finances.

BeiGene raises $903m in HK’s first secondary listing under new rules

The listing comes as Hong Kong works to lure overseas-listed firms to conduct secondary share offerings in the financial hub.

China Tower raises $6.9b in world’s largest IPO in two years

The float is widely seen as a test of Hong Kong’s IPO market as investors consider several large deals when the index is down

China’s Sinochem Energy files for $2b Hong Kong listing

The proposed float comes amid a push by Beijing to inject new life into bloated state-owned enterprises

Chinese biotech firm Ascletis said to raise $400m in HK IPO

Ascletis Pharma is said to have priced its IPO in the middle of an indicative range in the first Hong Kong listing under new rules designed to attract early-stage biotech firms.