Greater China
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SE Asian tech giant Sea disbands investment arm
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Allocations to Greater China fell to 23% in 2022, from 40% in 2021.
Singapore
The arm, Sea Capital, stopped new equity investing in 2022 with leadership moving on in May.
Indonesia
The company targets to become EBITDA positive by the fourth quarter of 2023.
GoTo shares rose almost 35% after MSCI inclusion.
The proposed new rules seek to contain risks in China’s $2.9 trillion private fund sector
Outside of its home market, the company has expanded to Thailand and Vietnam.
Thailand
Geely already has a presence in SE Asia through a 49.9% stake in Malaysia’s Proton.
Credit Suisse had been planning over the last few years to set up a wholly owned local bank in China.
The sale includes chicken farms in Chuzhou in eastern Anhui province and related manufacturing sites.
