Singapore
Check this edition for more on Asia Private Equity Leadership Summit in Hong Kong on May 20.
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Editor's take: The week that was — May 11-16
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Japan's CCI Group eyes deals up to $10m in Vietnam as it ramps up SE Asia push
3
SpaceX speeds up IPO timeline, targets June 12 Nasdaq listing
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Schroders to sell China fund management unit to Neuberger
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CK Hutchison drops plans to list global telecom business
More Stories
Hong Kong’s Templewater buys SG-based Ascensus Health from Dymon Asia
Japan’s CCI Group eyes deals up to $10m in Vietnam as it ramps up SE Asia push
SBI, Investcorp back $51m funding in stablecoin fintech Fasset
India: Ride-hailing platform Rapido raises $240m funding led by Prosus
What Gong Cha sale, Jio IPO pivot say about market timing
Greater China
IPO markets have been uneven, and large exits at peak valuations are getting harder to pull off.
Indonesia
Ecosystem-backed banks continue to expand aggressively, while more mature operators prioritise profitability.
India
Skyroot Aerospace became India’s first space-tech unicorn.
World
OpenAI wanted to resolve its issues with Apple without resorting to legal action.
Philippines
The credit line to Petron Corporation will be priced at prevailing interest rates.
Rest of Asia
In India half a dozen lenders, including Blackstone-backed Federal Bank, have created provision buffers.
Mixue remained the industry leader, reporting revenue of $4.9b in 2025.
The list of investments was shown in court on Tuesday.
However, the e-commerce platform accounted for nearly three quarters of Sea Ltd’s total Q1 revenue.