Investment Archives

Insta360 Founder Expresses Frustration Over Delayed IPO Approval

On August 15th, Insta360 founder Liu Jingkang voiced his frustration on social media over the lack of IPO approval since 2022's on-site verification, seeking fair treatment from regulatory bodies.

Autonomous Driving Chip Manufacturer Black Sesame Intelligent Plans to Raise up to 1.12 Billion HKD in IPO

The company aims to issue 37 million shares with a proposed price range of 28.00 to 30.30 Hong Kong dollars per share. If successful, this could raise up to 1.12 billion HKD.

Blackstone Expands Shanghai Office, Signaling Increased Investment in China

Blackstone (Shanghai) Private Equity Fund Management Co., Ltd., a subsidiary of the global asset management giant Blackstone, has recently expanded its Shanghai offices.

Qatar Investment Authority Acquires 4.26% Stake in Kingdee with $200M Investment

Kingdee International Software Group Co., Ltd. announced on December 10 that it had inked a final agreement with the Qatar Investment Authority (QIA).

Leadership Transition at Warburg Pincus China, President Wei Zhen Steps Down

On December 4, Warburg Pincus officially announced that Wei Zhen will step down as the President of Warburg Pincus China. Fang Min and Zhou Lang will assume the roles of Co-Presidents of Private Equity Investments in China for Warburg Pincus.

Meituan Invests in Galaxy Bot Company

Recently, Galaxy Bot underwent a business change, with the addition of Meituan's subsidiary companies as shareholders.

Baichuan Intelligent Technology Joins Unicorn Club with $300M Investment

Baichuan Intelligent Technology has completed its Series A1 strategic financing round, raising over 300 million US dollars. Tech giants such as Alibaba, Tencent, Xiaomi, and several top investment institutions have all participated in this round of financing.

SMEC Establishes Subsidiary “ChipLink Power”, with Investment from 5 Prominent New Energy Firms

On August 30th, SMEC announced its plan to establish a holding subsidiary and engage in related transactions.

Changan Auto Applies to Build A Factory in Thailand

On August 16th, the Thailand Board of Investment announced that Changan has applied to build an electric vehicle and hybrid vehicle factory in Thailand.

Sequoia China Stands Tall on Its Own as ‘HongShan’

The venture capital firm will be led by founder Neil Shen in China, and is one of two global units being separated from its U.S. counterpart to operate independently.

ByteDance Founder Establishes Personal Investment Fund in Hong Kong

Two years after stepping down as CEO of ByteDance, founder Zhang Yiming has launched a personal investment fund in Hong Kong. The fund, named Cool River Venture, is registered as a private limited company and is wholly owned by Galaxy LLC. Zhang Yiming serves as the director of the fund.

Sequoia China’s Neil Shen Rises to No. 1 on 2023 Forbes Midas List

Neil Shen, the founding and managing partner of Sequoia China, has been named this year's top investor in the 2023 Forbes Midas List. This marks his fourth time taking the top spot.

China Renaissance Delays 2022 Results after Founder Goes Missing

China Renaissance, a prominent player in China's tech industry, announced on April 3 that it would halt trading of its shares and postpone the release of its annual results.

BYD Invests in Chip Startup Kunlunxin

In 2023, Chinese automaker BYD is focused on expanding into global markets and enhancing its technological capabilities. Kunlunxin, a chip company in China, has announced that BYD had become one of its new shareholders.

Chinese-Based Firms Confirm Minimal Exposure to Silicon Valley Bank

The recent shutdown of Silicon Valley Bank (SVB) by regulators marks the largest bank failure in the United States since 2008. Several Chinese Hong Kong-listed companies have sought to reassure investors by stating that their cash deposits in SVB were not significant.

SCEP to Gain Wider Access to Chinese Stock and Bond Markets

According to the official website of China Securities Regulatory Commission (CSRC), the examination of qualified foreign institutional investor (QFII) of Sequoia China Equity Partners (SCEP), Sequoia Capital China's affiliate for open market, has been accepted.

Sequoia China Raises $480M for Its Seed Fund III

Sequoia China Seed Fund announced on February 28 that its Fund III had raised $480 million last year and has officially entered the investment period. This is the third US dollar fund raising completed in five years since 2018.

China Renaissance Founder Bao Fan Cooperates with Government Probe

Missing Chinese investment banker Bao Fan is cooperating with a government investigation, his firm China Renaissance attested to in a filing on February 26.

Top Financial Institution China Renaissance Loses Contact with Founder

Bao Fan, the billionaire founder and chairman of boutique investment bank China Renaissance Holdings Ltd., has not been in contact with the company lately. The Hong Kong-listed company issued a statement that its business and operations remained normal.

Large-Scale Investment in China Boosts Demand for Intelligent Translation

With the continuous opening of the Chinese market, investment from global sources is increasing, and demand for translation, especially AI-based machine translation, is also rising. In response to the mass translation needs of enterprises, NiuTrans launched an enterprise cloud service in 2022.

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