Kane Wu
Stories by Kane Wu
Alibaba to resume hiring on renewed tech sector confidence
He said China’s entrepreneurs showed renewed confidence after meeting President Xi Jinping.
BofA cuts 16 investment bankers in Hong Kong in global trim: report
The reductions mainly targeted junior positions.
Japan firms must get used to reverse break-up fees after Nippon Steel’s $565m blow
Reverse break-up fees were once almost non-existent in deals involving Japanese suitors.
China’s HongShan hires ex-Bain Capital dealmaker to head Tokyo office
Komi Kyu spent nearly 10 years at Bain Capital in Tokyo.
KKR, Fountainvest, PAG in race for Starbucks China stake
Chinese companies, including China Resources Holdings and Meituan, have also been approached as potential buyers.
Chinese trading card firm Kayou revives plans for $500m Hong Kong IPO
Kayou had initially planned to list in Hong Kong in 2024 but could not get regulatory approval.
Chinese video-streaming platform iQIYI launches $300m convertible bond issue
iQiyi will use the proceeds to repay or repurchase existing debt securities and for general corporate purposes.
India’s Carlyle-backed Hexaware valued at $5b in solid debut
Carlyle, which bought Hexaware in 2021, sold about 21% stake in the IPO.
China’s Sany Heavy Industry eyes $1.5b Hong Kong listing
The listing could happen in the second half of this year.
Bain buys Mitsubishi Chemical’s pharma unit in $3.36b deal
Bain is making the investment mainly via its Asia PE fund.
