Kane Wu
Stories by Kane Wu
AI boom set to fuel data centre investments in APAC this year
In 2023, the region's data centre deals hit a record high of $3.5b.
ByteDance prefers to shut down TikTok in US if legal options fail: report
In a statement on Toutiao, ByteDance said it had no plans to sell TikTok.
Blackstone nears deal to sell S Korean pharma wholesaler to MBK Partners
The sale would mark Blackstone's first major exit in S Korea, where it set up a locally-based team two years ago.
Chinese firms’ fundraisings in limbo as IPOs scrutinised at home and abroad
China's securities watchdog has sharply tightened scrutiny of IPOs this year.
Blackstone nears deal to take HK-listed L’Occitane private: report
The cosmetics company halted trading in its shares on Monday.
CVC-linked investment unit sells 5% stake in Vietnam’s Asia Commercial Bank for $220m
The sale of the stake was done via two trades fetching $160 million and $60 million.
Fundraising by Chinese firms in limbo amid tougher scrutiny of IPOs
During January-March 2024, money raised via China IPOs plunged two-thirds from a year ago.
Partners Group launches new private equity secondaries fund worth $12b
The Swiss firm said it sees much bigger deal flows on the secondaries side.
No time to waste: Japan Inc set to expedite pursuit of overseas deals
Nearly $17b worth of overseas acquisitions by Japanese companies have been announced this year.
China’s champion gymnast Li Ning plans to take company private
Li is considering leading a consortium to buy out Li Ning Co Ltd.
