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Analysis

Editor’s Picks: The Week That Was – May 18-23

An eventful week for PE and VC across Asia

Just InTrending

1

Editor’s Picks: The Week That Was - May 18-23

2

China deepens crackdown on cross-border brokers

3

IFC to invest $50m in BlackRock-managed Asia infrastructure credit fund

4

Shein to buy US apparel retailer Everlane

5

India: Creator economy firm TIST Media raises seed round led by Sthira Partners

More Stories

1

Indonesia prosecutors seek up to 12 years’ jail for TaniHub, investors in graft case

2

IFC to invest $50m in BlackRock-managed Asia infrastructure credit fund

3

Indonesia’s Seven Retail puts Golden Lamian on the block

4

India: Creator economy firm TIST Media raises seed round led by Sthira Partners

5

Shein to buy US apparel retailer Everlane

Policy & Regulations

China deepens crackdown on cross-border brokers

Tiger Brokers, Futu and Longbridge penalised; US-listed shares plunge

Deals

IFC to invest $50m in BlackRock-managed Asia infrastructure credit fund

The fund is a blended finance vehicle with a target size of $750 million.

Deals

Shein to buy US apparel retailer Everlane

L Catterton is the majority owner of Everlane.

Deals

India: Creator economy firm TIST Media raises seed round led by Sthira Partners

TIST provides infrastructure for brands and creators to collaborate across India and globally.

Indonesia

Indonesia’s Seven Retail puts Golden Lamian on the block

The group is looking to offload a sizeable stake in the Chinese noodle dining restaurant.

Greater China

China’s JD.com weighs $2.7b bid for UK retailer The Very Group

The move would follow JD.com’s earlier UK efforts, including its failed takeover bid for Currys.

Singapore

Citi to boost Asia wealth business with big hires, says global chief

Citi plans to hire about 100 private bankers globally.

Indonesia

Indonesia prosecutors seek up to 12 years’ jail for TaniHub, investors in graft case

Sentencing sought for former executives of the agritech startup, MDI Ventures, and BRI Ventures.

Greater China

China’s PCG Power may file for Hong Kong IPO by August

PCG Power said to be targeting a valuation of $2.5-3 billion for the offering.

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