Analysis
The contrasting fortunes of Alibaba and Shein illustrate the structural transition in Greater China’s capital market.
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KKR, IMM to invest $2.1b in SK Telecom’s AI data centre platform
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Climate Tech & ESG
The shift comes as PE-backed inventory is mounting in Asia.
Deals
It plans to collaborate with Ajaib to promote circulation of JPYSC.
Green SM aims to operate in 10 countries by year-end, serving as mobile ads.
KKR will hold a 29% stake, while SK Telecom will retain a 51% controlling interest.
Greater China
The company is aiming to raise $1.7 billion.
Singapore
The fund targets a 5% p.a distribution yield on a semi-annual basis.
It is not the first time the city-state’s flag carrier has been queried about future funding for Air India.
Indonesia
The stake increase involved two transactions worth a combined $4.9m.
India
The fund is backed by the Livelihood Impact Fund, along with prominent entrepreneurs, investors.