Kane Wu
Stories by Kane Wu
Beijing plans to boost scrutiny of Chinese offshore private equity funds
The intensified scrutiny will likely stymie the flow of money from global and Chinese investors to such offshore funds.
China’s Baidu seeks new investors for finance unit in up to $2b deal
The fundraising comes amid a wider reshuffle of Baidu's corporate strategy as it looks for new revenue streams outside its core search business.
Japan’s Orix invests $60m in GIC-backed Chinese P2P lender Dianrong
CLSA, the overseas platform of China's Citic Securities, is putting another $10 million into Dianrong, bringing total investment in the firm to $70 mi
Chinese sportswear retailer Pou Sheng receives $1.4b privatisation offer
The move follows a similar transaction last April when a consortium led by Hillhouse Capital Group and CDH Investments offered to buy out Hong Kong-li
SoftBank leads $1b funding in Ping An healthcare unit ahead of Hong Kong IPO
The round values the unit at $8.8b and also attracted Japan's SBI Holdings as a lead investor.
Chinese bidders evince interest in Johnson & Johnson’s diabetes biz in potential $3-4b deal
The market for diabetes care in China is expected to grow rapidly. Almost one in three of the world's diabetes sufferers lives in China.
China’s JD.com said to target $2b fundraising at logistics unit
JD has invited a select group of investors to join the funding round that values its logistics business at around $10b.
Dalian Wanda Group considers HK listing for sport unit to rationalise portfolio
An IPO of Wanda's sports assets would include Infront Sports & Media AG, a Swiss sports marketing company and World Triathlon.
Ant’s MoneyGram failure casts pall over Chinese dealmaking
If a Jack Ma-linked company cannot buy a U.S. company, is there hope for other Chinese companies?
China’s CEFC, Penta make joint bid for Time Warner unit at around $2b
Time Warner's CME operates in six central and eastern European markets, with the Czech Republic and Romania its biggest profit drivers.
