Deals
The Vietnamese company is valued at $2.5 billion.
1
Japan's Sojitz to acquire 5% of Masan's tungsten producer
2
SoftBank, ABB explore China carve-out to salvage robotics deal
3
IFC likely to invest up to $90m in Navis Capital's ninth fund
4
Binance CFO Kaiser Ng steps down, Justin Yek named new finance chief
5
Chinese energy storage firm RelyEZ surges 129% on Hong Kong debut
More Stories
Northstar closes maiden VC fund at $140m with support from existing LPs
IFC investing $50m in A.P. Moller’s latest emerging markets infrastructure fund
India’s B2B marketplace Udaan raises $340m, eyes public listing
Chinese AI video generation startup Sand.ai enters unicorn club after $200m round
IFC mulls $17m investment in fund targeting Asian women-led businesses
This is the second deal blocked by China this year after Meta.
Private Equity
The vehicle targets a corpus of $1 billion.
People
The announcement follows last week’s Binance hack.
IPOs & Markets
The stock traded at HK$22.4, up 129% from its HK$9.78 offer price.
Rest of Asia
The deal is among the largest in the sector.
The FTC also fined Woowa Brothers 331.1 billion won for similar practices.
Greater China
Check out earnings analyses, India Q3 report, scoops and updates from the LP-GP quarter.
World
SoftBank and MGX participated in the funding.
Neuberger Berman (China) became the second wholly foreign-owned fund manager to receive such qualification.
