China: Galaxy Group commits $30m funding in UK firm IP Group


Temasek, British asset manager M&G, and Australia’s Telstra also joined round.

Anbang shows billionaires should be nervous in Xi Jinping’s new China

Wu is the latest example of the new reality in Xi Jinping’s China.

China: CICC leads $73m round in XG Entertainment

The startup intends to advance its main content production businesses.

China: EV rental firm PonyCar raises $22m; China Growth Capital leads Series B in PingCAP

PonyCar has raised RMB150 million ($22 million) in the Series B round.

Chairman Wu charts roller-coaster ride for Waldorf-owner Anbang

Its headline-grabbing deals have invited closer scrutiny.

Tencent Holdings leads $146m series C in HK brokerage Futu Securities

Futu claims to be the first HK company which joins the unicorn club.

US considers restricting Chinese investment in artificial intelligence

US poised to increase scrutiny of Chinese investment in Silicon Valley.

China’s Fosun joins race for Faberge owner Gemfields, values it at $288m

Gemfields shareholder Pallinghurst has already submitted a takeover bid.

China: Anbang says chairman Wu Xiaohui stepping aside after reports of his arrest

Anbang Insurance is one of China’s most aggressive buyers of overseas assets.

China: Pig farmer Guangdong Wen’s to pick up stake in COFCO Capital

To invest $117-147 million in COFCO Capital.