Deals
The group bought out its two Chinese partners earlier this week.
1
Daiwa Securities buys out China JV in $100m deal
2
Hong Kong grants first stablecoin licences to StanChart JV, HSBC
3
Vietnam’s Vingroup mulls $6.5b investments in India's Maharastra state
4
China eases access for innovative startups to list on ChiNext board
5
Joe Tsai’s family office leads Series A round for Asian basketball league
More Stories
Singapore’s BIOBOT Surgical secures S$10m, ClavystBio joins cap table
Temasek-backed Xora appoints Eric Rosenblum as US general partner
After SariWangi, Unilever Indonesia looks to divest Buavita juice brand
Ares names Morse new Asia credit head with Wong set to retire
India’s Motilal Oswal Alts open to buyouts with new $938m PE fund
Both the firms are expected to launch stablecoins in the second half of this year .
The company signed a memorandum of understanding with the state government on Friday.
IPOs & Markets
China is seeking to bolster financing channels for domestic innovation.
Avenue Capital Group; Nan Fung Group; HSG; and Bolt Ventures also invested.
Indonesia
Danantara has teamed up with Chinese partners to establish Denera.
Vietnam
The investment will CAEX meet the minimum capital requirement of $380m.
Greater China
The funding would support development of a “general world model”.
Over 70% of the IPO funds will go to acquiring Bermuda Inovasi Logistik.
They signal confidence, operational involvement, and a long-term plan to create value.
