China: PGIM Real Estate sells Shanghai office property to BlackRock


The office tower was reportedly sold for RMB 1.2 billion ($184 million).

HNA fails to fully disclose how its $350m stake in Virgin Australia is controlled

Questions about HNA’s ownership have attracted the attention of regulators from Australia to Switzerland and the U.S.

People: Tiger Global exec joins Jeneration Capital; MTS Health gets Japan Partner

In September last year Jeneration Capital appointed Tony Zhang as partner

China: Warburg, Genesis Capital invest $120m in online tutoring platform Zhangmen

Zhangmen currently claims to have 30,000 full time and part-time tutors, and more than a million registered students.

HK Digest: Beijing Daa to pick 50% in Henan School; Lippo unit offers to acquire TIH

China New Higher Education Group and Lippo, both HK listed, are in acquisition mode.

Hony Capital unit gets China mutual fund licence

Hony Capital is a pioneer in China’s home grown private equity industry. It is backed by Legend Holdings, parent of personal computer maker Lenovo Group

China’s Kunlun completes acquisition of US gay dating app Grindr

Kunlun, which acquired a 61.53% stake in Grindr in January 2016, has acquired the remaining 37.4% stake for $152 million

Baidu partners SG’s Asia Mobility Industries to launch $200m venture fund

They have also formed a JV to invest in autonomous driving and intelligent transportation.

China: Didi Chuxing to launch own bike-sharing platform and brand

Didi said it had reached a cooperation agreement with Chinese bike-sharing firm Bluegogo, which will be hosted on its platform.

IFC proposes to invest $26m in Chinese upholstered sofas maker Morris

The projects are expected to be located in Zhejiang in People’s Republic of China and in Sihanoukville, Cambodia.