Stephanie Li
Stories by Stephanie Li
Boman Group’s Australia-China fund eyes first close in mid-2025
Boman Group, which manages assets tied to Chinese wealth, is seeking to raise $1b.
Taiwanese travel startup KKday pockets $70m for M&As, AI investments
A “significant portion” of the proceeds will be used for M&As APAC.
FLUX secures funding and 24 Greater China deals worth over $195m
Gaocheng Capital and Hillhouse affliate GL Ventures joined the MPC-led round.
People Digest: Ortella Global names co-founder; Vanessa Lau to be sole HKEX COO
HKEX has named group CFO Vanessa Lau to become the sole COO.
Fintech startup KPay Group secures $55m Series A funding led by Apis Partners
The fresh proceeds will finance the firm’s expansion plans across emerging markets in Asia.
HK family offices bet big on impact investments, but challenges remain
Currently, there are over 2,700 single-family offices thriving in the city.
Worg Pharma bags funding and 26 Greater China deals worth almost $307m
The round was participated by Tsing Song Capital and PICC Capital Insurance Asset Management.
For LPs, there’s no market outside the US as big as China: NLVC’s Jeffrey Lee
Meituan backer NLVC manages six USD and four RMB funds.
China’s non-nuclear clean energy firm CNNP Rich Energy raises $1.1b
CNNP Rich Energy focuses on the R&D of non-nuclear clean energy.
China’s embodied AI startup Galbot pockets another $69m
Existing shareholders including IDG Capital, MPC, and others also re-upped in the round.
