China: IFC to invest $100m in IPO-bound Penyao Environmental Protection


Penyao EP is preparing for an IPO in China.

Hong Kong unveils plan for new board to entice US secondary listings

Proposal to allow HKEX to make a play for secondary listings from Chinese firms.

Sequoia Capital leads $400m series B in Chinese used car platform Guazi

Matrix Partners China, BRV Aster Fund and Hike Capital joined the round.

Billionaire Platt’s BlueCrest Capital said to shut Hong Kong office

BlueCrest opened the office in 2014 to house the Asian stock team.

China: Used car auction platform Chezhibao raises $73m; BeauCare Clinics secures $29m

Chezhibao had raised a $100m Series C round in March this year, led by PAG.

Vanke in talks to join Chinese consortium bidding for GIC-backed logistics firm GLP

Blackstone and a Warburg Pincus consortium are other suitors for GLP.

‘Uber for bikes’ Mobike raises over $600m led by Tencent

This is the company’s biggest funding round yet.

Jack Ma said to explore joining $1.5b Grab fundraising

The investment would be part of Grab’s fundraising
led by SoftBank

China: Gaw Capital to raise $350-400m for new US fund

It had closed its second fund at $315 million in October 2015.

China-led AIIB approves $324m in infrastructure investment

Its first ever equity investment of $150m aims to help attract private capital for infra projects in India.