IPOs & Markets
The IPO could raise $300 million, local Chinese media reported.
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Chromebookgate trial: Prosecutors allege Nadiem Makarim received $48.5m
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India Digest: Haircare brand Moxie, tech startup Tagbin in funding news
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Japan's MUFG names Junichi Hanzawa as new president
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Elham Credit ties up with Digital Climate Group for private credit origination
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India: HDFC Bank gets regulator's nod to acquire up to 9.5% in IndusInd Bank
More Stories
Indonesia agritech shows resilience but capital flow remains selective
Danantara acquires hospitality and real estate assets in Makkah
VinFast pledges another $1b to scale EV production in Indonesia
Malaysia’s Halogen Capital raises $3.2m round led by Kenanga, 500 Global
Brookfield buys eight logistics, industrial assets in Singapore for $262m
Policy & Regulations
The current model encourages investors to stockpile funds for arbitrage plays.
The world’s major cryptocurrencies have been on a roller-coaster ride.
Deals
HSBC is proposing to purchase 36.5% of shares in Hang Seng not already owned by the company.
Analysis
PE exit developments in SE Asia were among the most read.
Vanke is about 30% owned by state-owned Shenzhen Metro Group.
Startup funding to private market investments and trends, catch the week’s top headlines.
The move follows a similar promise from food delivery firm Meituan.
Venture Capital
The round was led by Dinghui Baifu, the deeptech-focused investment arm of China’s CDH Investments.
The IPO of Jingdong Industrials fell short of its initial target of $500 million.