Analysis
Massive oversupply forces legacy Thai companies to cut production or close down.
1
Ant Group-owned payments firm 2C2P trims losses by 83% in 2023
2
SE Asian IPO fundraising plunges 60% in first half as Indonesia slumps
3
Thai auto sector reels under subsidies for Chinese EV makers
4
Shanghai launches $14b funds to ramp up IC, AI, biomedicine sectors
5
Private equity giant Apollo pumps $700 million into Sony Music
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Deals
The AI fund will focus on fields including intelligent chips, software, autonomous driving, and intelligent robots.
The combination creates a platform under the ESR brand with total AUM of $156 billion.
Venture Capital
Baichuan entered the unicorn club just six months after its inception in April 2023.
Their dominance is now extending to market share.
Policy & Regulations
Some non-sensitive sectors include solar panels and battery manufacturing.
BYD’s strong growth in the city-state underscores the Chinese firm’s ambition to dominate the SE Asia market.
A wholly-owned subsidiary of Xiaomi contributed 600 million yuan ($82.5 million) to the vehicle.
Private Equity
The SWF still sees opportunities in China’s residential and commercial properties in major cities.
Belgium’s wealth funds SFPIM and PMV have already committed a $50m equity investment in Windrose.