Greater China
The stricter measures come amid a regulatory tightening across China’s financial sector.
Hong Kong surpasses Singapore with over 2,700 single-family offices
India Digest: Jumbotail, Sprih raise funding; Malabar Investments eyes Sugar Cosmetics stake
SEA Digest: Grab partners with Triple-A; VinFast founder launches new company
Accredify secures funding from Okta Ventures and other SE Asia deals
China's bonds boom as investors face 'asset famine'
More Stories
The LP View: Singlife’s investment arm charts private equity course for Asia
IFC weighs $100m investment for responsAbility’s Asia-focused climate fund
Charticle: First-time VC fund managers in SE Asia had one of their toughest years in 2023
Vietnam’s Vingroup sells 41.5% of its stake in Vincom Retail for nearly $1b
Indonesia-listed Saratoga likely to acquire Brawijaya Hospital from PE firm Falcon House
World
TikTok achieved record sales in the US in 2023, according to FT.
IPO applications will be strictly vetted to prevent companies from excessive fundraising.
China’s increasingly deregulated market has already lured global quant giants including Man Group, Two Sigma, and Winton.
India
The licence means Paytm will operate like its competitors such as Google Pay and PhonePe.
Beijing has rolled out several measures to reduce local government debt risks.
Paytm Payments Bank ceases operations by March 15.
Indonesia
Tokopedia and TikTok finalised their merger transactions at the end of Jan 2024.
The fate of TikTok, used by about 170 million Americans, has become a major issue in Washington.
Singapore
The approval will allow OKX to provide digital payment token and cross-border money transfer services in Singapore.