Greater China
CSRC chairman Wu Qing warned fund managers against blind bets and quick-profit fund launches.
1
PE giants face deployment test in Asia after record $62b fundraising
2
Singapore's Silicon Box secures $78m debt financing
3
India Deal Review: Startup funding falls to 28-month low in May at $774m
4
Indian quick commerce firm Zepto updates IPO target to $837m
5
Qiming co-leads $100m deal in China’s SunUp Fusion as nuclear fusion financing picks up
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PE firms, strategic investors eye stake in Advantage Partners-backed Pharmaforte
Vietnamese financial services firm SoBanHang raises fresh funding
Beauty retailer Konvy bags $22m in Series B led by Cool Japan Fund
India Digest: Sindhuja Microcredit, Flo Mobility raise funding
Thailand’s KBank exits Vietnamese B2B startup KiotViet
Policy sets out framework to push noncompliant players out of the market.
World
The firm allegedly misused confidential client data to win lucrative audit contracts.
Brokerages Tiger and Longbridge released similar statements earlier this week.
Indonesia
The beneficial owner of FMCG distributor RMS has been detained.
Tiger said investors can still trade overseas.
Prosecutors allege that Makarim was involved in improper laptop procurement.
Li heads the flagship offshore unit of China’s brokerage giant Citic.
The rules will take effect from July 1.
The investment arm could request funds from the state budget.