Private Equity
Wanxin, which has yet to generate any revenue, booked a net loss of $4.8m in the first seven months of 2024.
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Brookfield's global operational playbook guides its SE Asia investment strategy
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India: 360 ONE Asset eyes stake in Bharti Group's life insurance business
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SE Asia's first-time fund managers must diversify to stand out
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Singapore SPAC Ocean Capital Acquisition refiles for $60m US IPO
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IFC proposes $60m loan to Bangladesh pharma firm Renata
More Stories
Lamudi in advanced talks to acquire Indonesian proptech startup Ideal.id
US development bank DFC approves $326m commitments in Asia
Singapore AI startup TeamSolve scores $2.5m funding and other SE Asia deals
Quadria Capital said to weigh investment in Vietnam’s Tam Tri Medical
Peak XV trims $2.85b fund citing ‘richly priced public market’ in India
IPOs & Markets
Shein is said to be working towards launching the float in the current quarter.
Deals
WuXi Biologics is said to be working with advisers to test interest in some of its European facilities.
Venture Capital
Despite VC interest, Chinese AR/VR headsets saw their shipment drop by 29% in H1 2024
During one week last month, Li Auto’s deliveries surpassed those of Mercedes-Benz, BMW, and Audi.
The SPAC, Iron Horse Acquisitions, will buy all of CFI’s equity from its parent Rosy Sea Holdings.
KKR has made a non-binding, preliminary approach to take ASMPT private.
China accounts for 32.5% of global EV exports, and 78.1% of solar panels.
Analysis
CIC has sent teams to assess China Cina Asset Management and China Orient Asset Management.
Foreign equity ETFs received inflows of $2.4b in the last three trading sessions of September.