Venture Capital
The firm secured $2.5 million in a seed funding round from the AEF Greater Bay Area Fund in August 2023.
1
Shein, Temu to raise prices as Trump cracks down on cheap imports
2
Stashfin's parent swings to profit in FY24 as interest income more than triples
3
Trump suggests tit-for-tat China tariffs may be near end; TikTok deal on ice
4
Independent directors quit India's Gensol after probe into co-founders
5
Beyond The Buyout: Fund giants flag near-term deceleration
More Stories
Vietnam’s Highlands Coffee revives IPO plan amid hot demand
Blackstone raises over $4.4b in first close of new Asia fund
SG lands first digital bank-fintech deal but Validus CEO doubts a buyout boom is coming
Indonesian startups Klinik Pintar, Lifepack grappling with layoffs amid financial duress
EQT’s Asia flagship fund nears first close with over $10b in kitty
Policy & Regulations
The move follows a fatal accident involving Xiaomi’s SU7 sedan in March.
Analysis
More than 100 Chinese companies are listed on US exchanges.
IPOs & Markets
Chagee raised $411m in the biggest IPO for a Chinese consumer company since Jan 2021.
Deals
Tencent’s programme aims to create $13.7b in sales for China’s export-dependent firms.
NUO Capital is an investment vehicle controlled by the Pao Chengs, one of HK’s wealthiest families.
The company sold 35m shares at HK$66.65, a 9.5% discount to its Wed closing price.
Besides Singapore, the firm has expanded its presence across Japan, South Korea, and Dubai.
The firm has hired China International Capital Corp for the pre-listing tutoring.
The company is already listed on China’s Shenzhen bourse.
