Blue Ocean Capital completes exit from China Cord Blood


It has sold the stake to Nanjing Ying Peng Hui Kang Medical Industry Investment Partnership.

China Digest: Heilan Home takes 44% stake in babywear firm; Lanting Capital leads Series A in Motovis

The deal will allow Heilan to expand into the baby apparel business,

Chinese firms eye German industrial major FFT in deal likely to cross $700m

FFT is owned by private equity investor Aton.

Bain Capital leads the charge as Japan’s private equity dealmaking picks up

Toshiba acquisition has pushed private equity-backed deals in Japan to a record $22 billion – more than double 2016’s $8 billion.

China government pushes for stake in local tech giants Tencent, Alibaba, others

A 1 per cent stake in Tencent could be pegged at around $4 billion while that of Weibo would be over $200 million.

Evergrande chairman Xu Jiayin seizes top spot on China rich list

Xu’s reported $43 billion wealth – a gain of around $30 billion against last year – comes on the back of a surge in Evergrande’s shares

Wheelock sells HK building to China’s LVGEM for record $1.2b

It is the second-most expensive real estate deal in Asia this year, after CapitaLand’s Blackrock asset purchase.

China Minmetals-owned MMG seeks M&A in copper, zinc, other commodities

MMG may look more towards partnering other companies on the assets it wants to acquire, rather than going for acquisitions paid fully in cash.

China HNA banned from transactions with insurance unit for six months

China Insurance Regulatory Commission told HNA’s Bohai Life Insurance to stop some direct and indirect transactions.

S Korea’s Lotte to sell China Mart stores by year-end, several suitors express interest

Lotte decided to bow out of the business after most of its hypermarkets and supermarkets in China were shut down amid political tensions.