Analysis
In the past three months, over 30 Chinese entities said they are developing their own large language models.
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Venture Capital
The round has been led by Hong Kong-listed China Life Insurance’s PE arm.
People
BDA Partners has appointed Sophia Wu as Managing Director and Head of Healthcare in China.
In 2022, Fortune Capital made over 70 investments – in 70% of that, it served as the lead investor.
Q & A
Firm plans to tap LPs in the Middle East.
Hong Kong’s new regulations will allow retail trading as soon as the second half of 2023.
IPOs & Markets
The startup reportedly aims to raise $200m to $300m.
Allocations to Greater China fell to 23% in 2022, from 40% in 2021.
Deals
An entity linked to Tencent is said to be among the investors.
CDPQ is currently leading its regional investment efforts from Singapore.
