Greater China

China regulator tells banks to halt IPOs till market recovers

Large sales by existing shareholders have also been temporarily suspended.

This concentration of capital creates a crowding-out effect on traditional industries.

China will crack down on fraud and cross-border capital activities.

Most of the major tech companies were expected to raise more capital.

The AI unit will work with Hong Kong University of Science and Technology as its anchor academic partner.

QuantumCompute indirectly holds an approximately 85.94% stake in Shanghai Tianjing Fulian.

Chinese firms are developing AI to make humanoid robots more useful.

Catch up on the top PE VC developments across Asia.

At least four companies have postponed or abandoned their HK listings after launching IPOs.

Any deal would build upon last year’s agreement between the two firms to work together.