Analysis
China’s central bank is essentially highlighting that only its own digital yuan is legitimate.
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Kotak Mahindra Bank denies it has submitted bid for IDBI Bank
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Japanese brewer Kirin to sell Four Roses to Gallo for $775m
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China steps up crypto crackdown, bans offshore issuance of yuan-pegged stablecoins
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Editor’s Take: The Week That Was—Feb 2-7
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Ant International deepens push into SE Asia’s payment infrastructure stack
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TPG’s debut mid-cap PE fund for Asia garners $742m so far
Ares secures $600m for its Asia funds in Dec quarter
KKR charts fresh path in secondaries with Arctos buy, diverging from EQT
This week, KKR planted its flag in two areas of PE at once—secondaries and sports investing.
Private Equity
The firm is reportedly seeking a $500m, closed-ended fund.
IPOs & Markets
The share sale is the largest in Hong Kong since Zijin Gold International’s $3.5 billion listing in September.
Leadership stability is not an internal issue; it is systemic with consequences for the entire ecosystem.
Deals
Meituan will buy 100% of Dingdong’s mainland China operations for $717m.
The float would be the third biggest globally in the last five years.
Private Credit
The deal also marks C Capital’s first large-scale infrastructure-focused investment in Australia.
Spacety launched China’s first satellite developed by a private company in 2016.
The PCB equipment maker targets to raise $618.15m from the IPO.