People
Manulife Wealth and Asset Management is hiring Fabio Fontainha for the top role.
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Manulife unit gets new Asia head amid job cuts
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Bain-backed Japanese chipmaker Kioxia's market value set at $5b
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Want to be chief of staff at Zomato? CEO says forget salary, pay $23,700 fee
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SaaS startup Podium raises $15.2m in Series A-1 funding
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Data Vantage: Mimin, Kyna, Rhea and SingX in focus
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Will Indonesia’s move to set up mammoth SWF boost its investment appeal?
Indonesian VC Ideosource winds down after over a decade
Temasek’s 65 Equity Partners buys secondaries in Tencent-backed Tuya
Singapore’s Capitaland Investment to buy initial 40% stake in SC Capital Partners
Canva-backer AirTree Ventures raises capital for two new funds
Deals
Joincare is seeking $275m to enhance its production capacity.
Managing partners Nisa Leung and Duane Kuang will step back, The Information reported.
IPOs & Markets
It is targeting a valuation of up to $4.55b in its upsized offering
Policy & Regulations
The guidelines direct companies to ensure a minimum capital ratio of 30% for solar PV projects.
Analysis
Xpeng will launch four new models next year and ramp up overseas expansion.
Private Equity
Under-penetrated private assets are seen to be creating such returns.
CNNP Rich Energy focuses on the R&D of non-nuclear clean energy.
The move comes a day after China pledged to encourage index investment and fund industry fee reform.
The deal is the first time the company has tapped the dollar bond market since 2021.