M Cash Integrasi seeks $93.4m valuation via IPO

MSCI’s Chinese stocks denial extends Hong Kong’s gateway appeal


Hong Kong has the advantage of being part of China but keeping a legal system rooted in English common law, an enticing combination for international businesses seeking to access the country. The city’s stock exchange has become the most popular non-mainland choice for Chinese companies looking to go public, while Hong Kong is home to the largest pool of offshore yuan deposits.

China Dealbook: Huizuche raises $30m Series B, CMC Group invests in VS Media

Private equity firm H&Q Asia Pacific becomes the biggest investor of start-up Huizuche with over $30 million fundraised in series B round while Chinese property developer Hengmao goes to extremes with a A$88,888,888 project buy in the name of good fortune.

China’s Midea only seeking to buy 49% in German robot maker Kuka

China’s Midea Group Co Ltd is only seeking a 49 percent stake in German industrial robot maker Kuka, Handelsblatt reported on Monday, citing unnamed sources in the German government. Augsburg-based Kuka is the target of a takeover bid by the Chinese home appliance maker, which has fanned a furious debate… Read more »

NXP to sell standard products business for $2.75b to Chinese Group

NXP Semiconductors NV said it would sell its standard products business to a consortium of financial investors consisting of China’s Jianaguang Asset Management Co Ltd and private equity firm Wise Road Capital Management

Blackstone sells majority stake in Germany’s WindMW to China Three Gorges

Blackstone Group LP agreed to sell its majority interest in WindMW GmbH, the owner of one of Germany’s largest offshore wind farms, to China Three Gorges Corp., the nation’s largest hydropower operator. The 288-megawatt Meerwind wind farm in the North Sea near the German island of Helgoland is the country’s… Read more »

China’s Tencent, Lenovo buy into US augmented reality startup Meta

Founded in 2012, the startup is a bit player relative to the likes of Microsoft Corp. in the growing field of augmented reality, which superimposes digital images atop the physical world.

HKs’s Wharf Holdings seeks buyers for telecom unit, may fetch $1b

Hong Kong tycoon Peter Woo’s Wharf Holdings Ltd plans to sell its telecom business in a deal that could be worth more than $1 billion (704.62 million pounds), people familiar with the matter said, and has asked more than a dozen potential suitors, including both giant Chinese insurers and Western buyout… Read more »

China’s Agic Capital buys Italian robotics firm for European automation tech

The Chinese government has said that it wants the country to transition to a tier-one player in manufacturing from its current status of the world’s largest low-cost production center.

Digest: IE Singapore signs infrastructure MOU with China, MAS to experiment with fintech, Singapore bond market distorts credit costs

IE Singapore has entered into an MOU with the Industrial and Commercial Bank of China (ICBC), MAS has proposed the formation of a fintech “regulatory sandbox” and S&P believes Singapore’s bond market boom is distorting credit costs.

Chinese state-owned companies face greater scrutiny of EU deals after ruling

Chinese state-owned companies seeking to buy European assets are going to face greater regulatory scrutiny following a landmark European Commission decision on a recent deal.