Julie Zhu

China’s Wanda files for US IPO of sports unit to raise up to $500m

An IPO of Wanda’s sports assets would include Infront Sports & Media AG and World Triathlon Corp.

Chinese EV startup Byton seeks to raise $500m at a valuation of $4b

Byton is backed by China’s retail giant Suning and healthcare services provider Fullshare Holdings.

Startups hopeful as China readies Nasdaq-style tech board

For Beijing, the move is seen helping to counter U.S. curbs on its technology companies and may draw the next generation of hi-tech firms to list at home.

Tencent-backed brokerage Futu files for US IPO, raising up to $500m

Futu also counts venture capitalists Sequoia Capital China and Matrix Partners China as its backers.

Tencent Music launches $1.2b US IPO, eyes up to $25b valuation

The music streaming giant is selling 82 million American Depositary Receipts (ADRs) in a range of between $13 and $15 each.

Chinese PE firm Boyu Capital said to seek at least $3b for new fund

The fund, which is Boyu’s fourth and would be its largest to date, is expected to close in the coming months.

China’s HNA in talks with bad debt manager Cinda for asset disposal

HNA has attracted much scrutiny for its $50 billion worth of deals in recent years that included hotels in the United States and left it the largest shareholder in Deutsche Bank.

Alibaba-backed Babytree said to scrape bottom of the barrel with Hong Kong IPO

The IPO will value Babytree at $1.5 billion, rather than the $2 billion valuation in late May when Alibaba invested $214 million.

Tencent Music’s $2b US IPO plans hang in the balance

The last mega U.S. IPO of the year faces a still-weak mood towards tech stocks and ongoing market jitters ahead of next week’s G20 meeting in Buenos Aires.

Warburg Pincus to raise up to $4b for second China-focused PE fund

The move comes after it invested in Ant Financial’s $14 billion financing round in June.