A look at debt-laden Chinese conglomerate HNA’s asset sale run


The disposals, driven by a liquidity squeeze at HNA, have mainly been real estate and shares.

China: Live game streaming firm Huya gets $461m from rival backer Tencent

Tencent had announced a $632 million investment in Huya’s rival Douyu the same day.

China looks to regain $1.4t in lost IPOs of local tech stars

Two-fifths of unicorns across the globe call China home. Their absence is sapping life from the world’s second largest stock market.

CR Beer in talks to acquire Heineken’s China business for over $1b

Global beer giants such as Heineken, AB InBev and Carlsberg are facing fierce competition from local rivals and each other in emerging markets.

HNA garage sale continues with $811m Hong Kong property deal

The announcement comes weeks after HNA sold two pieces of nearby land to local billionaire Lee Shau Kee’s Henderson Land Development for about $2 billion.

Temasek, Sequoia Capital back $90m round in China’s JW Therapeutics

The firm will use the funding to advance its cancer treatment clinical programme, develop a therapeutic pipeline and build a new manufacturing facility.

PE firm Unitas Capital looking to sell China’s wasabi pioneer for $600m

Any deal would add to the $13.2 billion of announced food-related acquisitions involving Chinese firms over the last 12 months.

China Dealbook: Douyu, Locals, Haohaozhu, XTX Tech, Yitu Tech, Genus Finance, YBDL fundraise

Douyu has raised $632 million in a Series E round of funding led by Tencent Holdings.

L Catterton-backed Chinese men’s fashion retailer GXG plans $300m HK IPO

L Catterton Asia bought a majority stake in GXG in 2016.

Taiwan’s Foxconn subsidiary wins CSRC approval for Shanghai IPO

Foxconn has been aiming to list the unit, Foxconn Industrial Internet Co Ltd (FII).