Stephanie Li
Stories by Stephanie Li
Can Hong Kong step in as Web3 firms feel stifled by US regulations?
Crypto exchanges such as OKX, Bybit, and Huobi Global have announced plans to expand to Hong Kong.
China retains position as world’s second largest unicorn hub: Hurun
The US and China accounted for 72% of the world’s unicorns; India ranked 3rd with 68 unicorns.
China Digest: Zephyrm Biotechnologies, Sinpro, Core Medical Technology snap fundings
Zephyrm specialises in the R&D and manufacture of stem cell drugs.
Nio Capital co-leads smart chassis solutions provider BIBO’s $29m Series A round
The firm snapped $14.5m pre-Series A and pre-Series A+ rounds in Sept 2022 led by Sequoia China Seed Fund.
Hong Kong’s HashKey Group set to launch new crypto exchange for professional investors
The crypto exchange, dubbed HashKey PRO, is set to launch in Q2 this year.
China’s Alebund Pharmaceuticals snaps over $29m in a pre-Series C round
Alebund has also signed a contract for a syndicated loan of $117m.
Greater China Deal Review: At $2.6b, PE-VC dealmaking hits record low in March
Deal value was down 60% from Feb, mostly due to the lack of big-ticket deals.
HK’s Metalpha co-launches new fund to invest in Grayscale’s products
The vehicle - Next Generation Fund I - aims to raise $100 million.
Crypto exchange Bitget launches $100m fund to invest in Web3 projects
So far, the fund has received interest from Foresight Ventures, Dragonfly Capital and others.
China Pacific Insurance, Waterdrip Capital launch two digital asset-focused funds
The new funds aim to ride on Hong Kong’s crypto bandwagon.
