One-third of unicorns minted this year are Asian, China leads the region


China bears the Asian flag with six out of seven Asian firms in the new comers list this year.

China’s Geely adds Proton, Lotus to expand car empire

Geely’s Li is betting on gaining inroads into Southeast Asia.

HK-China consortium buys New Territories plot for $1.07b

China Overseas Land & Investment group won the bid.

Israel’s Netafim draws interest from private equity, Chinese bidders

Potential bidders include China’s Fosun and Primavera Capital.

China LeEco’s sports unit valued at $3.5b after new funding round

Last year, LeSports raised $1.2 billion led by HNA Capital.

China’s Dahua Tech plans up to $1b Hong Kong share sale

Dahua Tech’s plan comes as HK braces for a high number of potential IPOs.

China’s GSR close to sealing $1b deal for Nissan battery venture

The firm is in advanced talks with Nissan about buying a stake in Automotive Energy Supply Corp.

UPS, SF Holdings to form JV, to expand China-to-US shipping services

SF Holdings is China’s dominant package delivery firm.

China’s Industrial Securities leads $140m Series B investment in Panda TV

This is the biggest investment Panda TV has bagged since its inception in 2015.