China: Carlyle to exit Concord Medical as founder takes company private

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Washington-based private equity major Carlyle Group is set to make a full exit from Concord Medical Services, a US-listed Chinese radiotherapy and diagnostic imaging center operator. Jianyu Yang, chairman and chief executive officer of the Company, Morgancreek Investment Holdings Limited, an investment vehicle controlled by Mr. Yang, and Blue Ocean… Read more »

HK’s Finquest to facilitate deals among institutional investors, M&A advisors with mid-sized cos

Finquest’s platform generates results using machine learning techniques that continuously fine-tune the algorithms. These results are then curated by its team of analysts to generate a short list of potential introductions for its clients.


China: IFC may inject $19m into HK-listed Essex Bio-Technology

The company was founded in 2000, and has a market capitalization of HK$2.2 billion (US$370 million).


Chinese logistics firm ZTO Express files for up-to-$2b IPO in US

The IPO by ZTO Express, a partner in e-commerce giant Alibaba Group Holding Ltd’s Cainiao Network logistics arm, is expected to be marketed as early as September or October, Thomson Reuters publication IFR said.


Tencent-backed electric carmaker seeks investors for 2020 debut

Future Mobility Corp., the Chinese electric-vehicle company backed by Tencent Holdings Ltd. and Foxconn Technology Group, plans to complete its first round of financing in the third quarter.


EDF acquires majority stake in Chinese wind energy developer

French state-controlled utility EDF said on Tuesday it had entered the growing Chinese renewables energy market with the acquisition of a majority 80 percent stake in UPC Asia Wind Management (AWM) which develops and builds wind projects. The company did not give a value for the deal. The acquisition was… Read more »


China Vanke in talks to buy property asset from Blackstone for $1.9b

China Vanke Co. said it and other partners are in talks to jointly pay about 12.9 billion yuan ($1.9 billion) for commercial property from Blackstone Group LP and other parties.


Chinese PE Yung Park leads $30m funding into workspace startup Nash Work

Yung Park, a Chinese private equity firm has led a $30 million (RMB200 million) series B round of funding in Beijing-based shared workspace startup Nash.Work.


China Everbright invests in Hope Education as it prepares for listing

Hope Education, an affiliate of China’s major private enterprise Huaxi Hope Group, has run comprehensive educational business covering primary schools to vocational colleges.


Japan’s Orix buys U.S. housing tax credit syndicator

Japanese financial services company Orix Corp has bought Boston Financial Investment Management, a U.S. money manager specialized in tax credit investments for low-income housing suppliers, two sources said on Saturday. Orix paid several hundred million dollars to buy Boston Financial Investment Management, said the sources, who had direct knowledge of… Read more »