Policy & Regulations
The move follows a fatal accident involving Xiaomi’s SU7 sedan in March.
1
India's IndusInd Bank names Santosh Kumar deputy CFO
2
India's Adani Ports buys Australian terminal Abbot Point in $2.5b deal
3
China bans the terms 'smart' and 'autonomous driving' from vehicle ads
4
VietJet owes investment fund over $180m, rules London's High Court
5
Blackstone raises over $4.4b in first close of new Asia fund
More Stories
SG lands first digital bank-fintech deal but Validus CEO doubts a buyout boom is coming
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EQT’s Asia flagship fund nears first close with over $10b in kitty
Funding crunch deepens as SE Asia VC activity hits multi-year lows in Q1 2025
Hong Kong’s NUO Capital to acquire Italian coffee pot maker Bialetti
Analysis
More than 100 Chinese companies are listed on US exchanges.
IPOs & Markets
Chagee raised $411m in the biggest IPO for a Chinese consumer company since Jan 2021.
Deals
Tencent’s programme aims to create $13.7b in sales for China’s export-dependent firms.
Venture Capital
The firm secured $2.5 million in a seed funding round from the AEF Greater Bay Area Fund in August 2023.
NUO Capital is an investment vehicle controlled by the Pao Chengs, one of HK’s wealthiest families.
The company sold 35m shares at HK$66.65, a 9.5% discount to its Wed closing price.
Besides Singapore, the firm has expanded its presence across Japan, South Korea, and Dubai.
The firm has hired China International Capital Corp for the pre-listing tutoring.
The company is already listed on China’s Shenzhen bourse.
