Brenda Goh
Stories by Brenda Goh
China companies in $10b share sale rush as funding rules eased
Over 50 firms have published as of Thursday fresh or revised plans to raise as much as $10.4 billion through private placements.
Tencent to step up investment overseas and in smart retail
Tencent is known to have stakes in Meituan Dianping, Pinduoduo, Riot Games and Supercell.
China’s Changan Auto to sell stake in PSA JV to Baoneng unit
Shenzhen-based CAPSA builds cars under PSA’s premium DS brand and has struggled with falling sales.
China’s SenseTime targets to clock $750m revenue in 2019 despite US ban
The company was among eight Chinese tech firms placed on the US entity list in October amid trade tensions.
AstraZeneca, CICC to launch $1b healthcare-focused fund for China
AstraZeneca is a minority partner in the fund and would mainly play an advisory role in selecting investments and supporting the firms.
China securities regulator to roll out IPO reforms to ChiNext startup board
The registration-based IPO system on the STAR Market is a major breakthrough and will be gradually rolled out across China’s capital markets.
German startup Volocopter to tie up with Geely to bring air taxis to China
Volocopter has raised $55.13 million in fresh funding from Geely and others.
China’s Meituan Dianping starts building mapping service
Meituan currently uses AutoNavi and Tencent Maps for its bike sharing and ride hailing services.
Didi, Meituan fined for using unlicensed vehicles in Shanghai
The fines are the latest in a crackdown on illegal practices in China's fast-growing ride-hailing industry.
China’s SDIC secures government approval for London IPO
SDIC Power was looking to raise between $500 million and $1 billion from the GDRs sale.
